SKYLARK, GROVE ROAD, SONNING COMMON, READING, RG4 9RL - £795,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

SKYLARK is a very large detached house of 206m². It was last sold for £795,000 in May 2018, which was around 20% above the average May 2018 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was B.

SKYLARK Sold Prices

Land registry data shows two sales for SKYLARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. One of the two SKYLARK sales was for above the average price, whilst the other was for below 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
2018 25 MAY	£795,000	£661,469	20% above HPI
2016 25 JAN	£240,000	£602,824	60% below HPI

SKYLARK Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The two SKYLARK sales from January 2016 and May 2018 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 January 2016 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the May 2018 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is SKYLARK?

SKYLARK is 206m² according to the EPC inspection conducted in November 2017. This puts it in the largest 10% of detached houses in Sonning Common, based on EPC data. The below chart shows the distribution of detached houses by size in Sonning Common, and where SKYLARK lies on this distribution: 91% of detached houses are smaller than SKYLARK, and 9% of houses are larger. Note that EPC data is not available for all properties in Sonning Common.

SKYLARK: Plot and Title Map

SKYLARK sits on a plot of roughly 0.168 of an acre, or 681m². The below map shows the location of SKYLARK, 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 SKYLARK). 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 SKYLARK?

SKYLARK is located on GROVE ROAD in SONNING COMMON, in the RG4 postcode district. The below map shows the position of SKYLARK on GROVE ROAD.