1, LOVES CLOSE, BURGHFIELD COMMON, READING, RG7 3NE - £325,000

1 LOVES CLOSE is a very large extended detached house of 197m², built sometime between 1976 and 1982. It was last sold for £325,000 in May 2011, which was around 20% below the average May 2011 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

1 LOVES CLOSE Sold Prices

Land registry data shows two sales for 1 LOVES CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two 1 LOVES CLOSE sales were 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
2011 6 MAY	£325,000	£408,804	20% below HPI
2001 16 FEB	£220,000	£249,409	12% below HPI

1 LOVES CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The two 1 LOVES CLOSE sales from February 2001 and May 2011 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 February 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2011 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 1 LOVES CLOSE?

1 LOVES CLOSE is 197m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 10% of detached houses in Burghfield Common, based on EPC data. The below chart shows the distribution of detached houses by size in Burghfield Common, and where 1 LOVES CLOSE lies on this distribution: 90% of detached houses are smaller than 1 LOVES CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

1 LOVES CLOSE: Plot and Title Map

1 LOVES CLOSE sits on a plot of roughly 0.165 of an acre, or 669m². The below map shows the location of 1 LOVES CLOSE, 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 1 LOVES CLOSE). 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 1 LOVES CLOSE?

1 LOVES CLOSE is located in BURGHFIELD COMMON, in the RG7 postcode district. The below map shows the position of No. 1 on LOVES CLOSE.