11, WHEELER CLOSE, BURGHFIELD COMMON, READING, RG7 3LW - £530,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 WHEELER CLOSE is a midsized extended detached house of 133m², built sometime between 1983 and 1990. It was last sold for £530,000 in February 2021, which was around 9% below the average February 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

11 WHEELER CLOSE Sold Prices

Land registry data shows two sales for 11 WHEELER 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 11 WHEELER 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
2021 22 FEB	£530,000	£583,808	9% below HPI
2002 2 MAY	£275,000	£281,918	2% below HPI

11 WHEELER 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 11 WHEELER CLOSE sales from May 2002 and February 2021 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 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 11 WHEELER CLOSE?

11 WHEELER CLOSE is 133m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 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 11 WHEELER CLOSE lies on this distribution: 55% of detached houses are smaller than 11 WHEELER CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

11 WHEELER CLOSE: Plot and Title Map

11 WHEELER CLOSE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 11 WHEELER 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 11 WHEELER 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 11 WHEELER CLOSE?

11 WHEELER CLOSE is located in BURGHFIELD COMMON, in the RG7 postcode district. The below map shows the position of No. 11 on WHEELER CLOSE.