RANMORE, PARKWAY DRIVE, SONNING, READING, RG4 6XG - £625,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

RANMORE is a very small extended detached house of 126m², built sometime between 1900 and 1929, which could now be worth an estimated £910,357. It was last sold for £625,000 in January 2015, which was around 17% above the average January 2015 detached price in the Wokingham local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was C.

RANMORE Sold Prices

Land registry data shows two sales for RANMORE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Both of the two RANMORE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 16 JAN	£625,000	£533,277	17% above HPI
2001 3 MAY	£342,000	£272,348	26% above HPI

RANMORE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The two RANMORE sales from May 2001 and January 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2001 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the January 2015 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might RANMORE be worth now?

RANMORE might now be worth an estimated £910,357.

This is based on house price inflation of 45.7%, between January 2015 and February 2025, for detached houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.7% inflationary increase is applied to the most recent sale price for RANMORE of £625,000 on 16th January 2015. For the value to have increased from £625,000 to £910,357 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of RANMORE has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The January 2015 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of RANMORE has not materially changed since January 2015.

How Large is RANMORE?

RANMORE is 126m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses houses in Sonning, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sonning, and where RANMORE lies on this distribution: 12% of detached houses houses are smaller than RANMORE, and 87% of houses are larger. Note that EPC data is not available for all properties in Sonning.

RANMORE: Plot and Title Map

RANMORE sits on a plot of roughly 0.203 of an acre, or 820m². The below map shows the location of RANMORE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of RANMORE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is RANMORE?

RANMORE is located on PARKWAY DRIVE in SONNING, in the RG4 postcode district. The below map shows the position of RANMORE on PARKWAY DRIVE.