2, THE CLOSE, BURGHFIELD COMMON, READING, RG7 3HS - £312,000

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 THE CLOSE is a very small semi-detached house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £375,459. It was last sold for £312,000 in September 2017, which was around 9% below the average September 2017 semi-detached price in the West Berkshire local authority area. The most recent EPC inspection was February 2025, where the current energy rating was E, and the potential energy rating was B.

2 THE CLOSE Sold Prices

Land registry data shows four sales for 2 THE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the West Berkshire local authority area for the corresponding sale date. All of the four 2 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
2017 15 SEP	£312,000	£341,020	9% below HPI
2013 8 FEB	£205,000	£236,352	13% below HPI
2006 24 JUL	£182,500	£217,345	16% below HPI
2002 28 MAR	£135,000	£156,130	14% below HPI

2 THE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Berkshire local authority area over time, sourced from the HPI. The four 2 THE CLOSE sales between March 2002 and September 2017 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 February 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2017 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2 THE CLOSE be worth now?

2 THE CLOSE might now be worth an estimated £375,459.

This is based on house price inflation of 20.3%, between September 2017 and February 2025, for semi-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 20.3% inflationary increase is applied to the most recent sale price for 2 THE CLOSE of £312,000 on 15th September 2017. For the value to have increased from £312,000 to £375,459 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 THE CLOSE has moved in line with the HPI for semi-detached houses in the West Berkshire local authority area.
• The September 2017 sale price of £312,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE CLOSE has not materially changed since September 2017.

How Large is 2 THE CLOSE?

2 THE CLOSE is 90m² according to the EPC inspection conducted in February 2025. This puts it in the smallest 20% of semi-detached houses houses in Burghfield Common, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Burghfield Common, and where 2 THE CLOSE lies on this distribution: 13% of semi-detached houses houses are smaller than 2 THE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

2 THE CLOSE: Plot and Title Map

2 THE CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 2 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 2 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 2 THE CLOSE?

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