THREE TREES, BUNCES LANE, BURGHFIELD COMMON, READING, RG7 3DG - £570,000

THREE TREES is a midsized detached house of 122m², built sometime between 1967 and 1975. It was last sold for £570,000 in May 2023, which was around 15% below the average May 2023 detached price in the West Berkshire local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

THREE TREES Sold Prices

Land registry data shows two sales for THREE TREES 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 THREE TREES 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
2023 19 MAY	£570,000	£668,449	15% below HPI
2001 2 MAR	£176,000	£248,445	29% below HPI

THREE TREES 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 THREE TREES sales from March 2001 and May 2023 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 March 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is THREE TREES?

THREE TREES is 122m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 50% 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 THREE TREES lies on this distribution: 45% of detached houses are smaller than THREE TREES, and 55% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

THREE TREES: Plot and Title Map

THREE TREES sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of THREE TREES, 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 THREE TREES). 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 THREE TREES?

THREE TREES is located on BUNCES LANE in BURGHFIELD COMMON, in the RG7 postcode district. The below map shows the position of THREE TREES on BUNCES LANE.