14, THE CLOSE, BURGHFIELD COMMON, READING, RG7 3HS - £215,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

14 THE CLOSE is a very small extended semi-detached house of 95m², built sometime between 1930 and 1949. It was last sold for £215,000 in January 2010, which was around 44% below the average January 2010 detached price in the West Berkshire local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was D.

14 THE CLOSE Sold Prices

Land registry data shows two sales for 14 THE 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 14 THE 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
2010 8 JAN	£215,000	£381,965	44% below HPI
2007 22 JUN	£200,000	£391,195	49% below HPI

14 THE 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 14 THE CLOSE sales from June 2007 and January 2010 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 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the January 2010 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 14 THE CLOSE?

14 THE CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% 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 14 THE CLOSE lies on this distribution: 17% of detached houses are smaller than 14 THE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

14 THE CLOSE: Plot and Title Map

14 THE CLOSE sits on a plot of roughly 0.153 of an acre, or 620m². The below map shows the location of 14 THE 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 14 THE 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 14 THE CLOSE?

14 THE CLOSE is located in BURGHFIELD COMMON, in the RG7 postcode district. The below map shows the position of No. 14 on THE CLOSE.