2, MYRTLE CLOSE, BURGHFIELD COMMON, READING, RG7 3DQ - £425,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 MYRTLE CLOSE is a very small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £425,000 in September 2016, which was around 24% below the average September 2016 detached price in the West Berkshire local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

2 MYRTLE CLOSE Sold Prices

Land registry data shows three sales for 2 MYRTLE 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. All of the three 2 MYRTLE 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
2016 2 SEP	£425,000	£558,488	24% below HPI
2009 30 OCT	£240,000	£367,933	35% below HPI
2002 31 MAY	£195,000	£281,918	31% below HPI

2 MYRTLE 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 2 MYRTLE CLOSE sales between May 2002 and September 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 October 2009 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2016 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2 MYRTLE CLOSE?

2 MYRTLE CLOSE is 86m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 10% 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 2 MYRTLE CLOSE lies on this distribution: 8% of detached houses are smaller than 2 MYRTLE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

2 MYRTLE CLOSE: Plot and Title Map

2 MYRTLE CLOSE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 2 MYRTLE 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 2 MYRTLE 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 2 MYRTLE CLOSE?

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