1, TANNERS CLOSE, BURGHFIELD COMMON, READING, RG7 3JQ - £605,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 TANNERS CLOSE is a large extended detached house of 144m², built sometime between 1991 and 1995, which could now be worth an estimated £695,314. It was last sold for £605,000 in August 2018, which was about the average August 2018 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

1 TANNERS CLOSE Sold Prices

Land registry data shows three sales for 1 TANNERS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. The three 1 TANNERS CLOSE sales were a mix of roughly equal to the average price, and 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
2018 23 AUG	£605,000	£603,870	Close to HPI
2007 25 JUN	£464,500	£404,210	15% above HPI
1995 2 AUG	£149,950	£130,462	15% above HPI

1 TANNERS 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 three 1 TANNERS CLOSE sales between August 1995 and August 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 June 2007 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2018 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 1 TANNERS CLOSE be worth now?

1 TANNERS CLOSE might now be worth an estimated £695,314.

This is based on house price inflation of 14.9%, between August 2018 and December 2024, for detached houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.9% inflationary increase is applied to the most recent sale price for 1 TANNERS CLOSE of £605,000 on 23rd August 2018. For the value to have increased from £605,000 to £695,314 over the five years and eight months to December 2024, the following assumptions must hold true:

• The value of 1 TANNERS CLOSE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The August 2018 sale price of £605,000 represented a fair market value for the property.
• The size, condition, and specification of 1 TANNERS CLOSE has not materially changed since August 2018.

How Large is 1 TANNERS CLOSE?

1 TANNERS CLOSE is 144m², which includes three extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 40% of detached houses houses in Burghfield Common, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burghfield Common, and where 1 TANNERS CLOSE lies on this distribution: 65% of detached houses houses are smaller than 1 TANNERS CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

1 TANNERS CLOSE: Plot and Title Map

1 TANNERS CLOSE sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of 1 TANNERS 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 TANNERS 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 TANNERS CLOSE?

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