2, BARN OWL WAY, BURGHFIELD COMMON, READING, RG7 3XX - £425,000

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

2 BARN OWL WAY is a small extended detached house of 110m², built sometime between 1976 and 1982, which could now be worth an estimated £531,440. It was last sold for £425,000 in February 2016, which was around 23% below the average February 2016 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

2 BARN OWL WAY Sold Prices

Land registry data shows four sales for 2 BARN OWL WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the four 2 BARN OWL WAY 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
2016 5 FEB	£425,000	£555,013	23% below HPI
2006 31 JUL	£286,000	£370,016	23% below HPI
2002 4 JAN	£197,500	£287,269	31% below HPI
1998 1 DEC	£130,000	£185,744	30% below HPI

2 BARN OWL WAY 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 four 2 BARN OWL WAY sales between December 1998 and February 2016 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 July 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2016 sale, which was also at 23% below the HPI.

What might 2 BARN OWL WAY be worth now?

2 BARN OWL WAY might now be worth an estimated £531,440.

This is based on house price inflation of 25%, between February 2016 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 25% inflationary increase is applied to the most recent sale price for 2 BARN OWL WAY of £425,000 on 5th February 2016. For the value to have increased from £425,000 to £531,440 over the seven years and two months to December 2024, the following assumptions must hold true:

• The value of 2 BARN OWL WAY has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The February 2016 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BARN OWL WAY has not materially changed since February 2016.

How Large is 2 BARN OWL WAY?

2 BARN OWL WAY is 110m², which includes three extensions, according to the EPC inspection conducted in March 2015. This puts it in the smallest 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 2 BARN OWL WAY lies on this distribution: 33% of detached houses houses are smaller than 2 BARN OWL WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

2 BARN OWL WAY: Plot and Title Map

2 BARN OWL WAY sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 2 BARN OWL WAY, 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 2 BARN OWL WAY). 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 2 BARN OWL WAY?

2 BARN OWL WAY is located in BURGHFIELD COMMON, in the RG7 postcode district. The below map shows the position of No. 2 on BARN OWL WAY.