22, WHEELER CLOSE, BURGHFIELD COMMON, READING, RG7 3LW - £500,000

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

22 WHEELER CLOSE is a small extended detached house of 105m², built sometime between 1983 and 1990, which could now be worth an estimated £506,831. It was last sold for £500,000 in November 2024, which was around 27% below the average November 2024 detached price in the West Berkshire local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

22 WHEELER CLOSE Sold Prices

Land registry data shows two sales for 22 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 22 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
2024 13 NOV	£500,000	£684,661	27% below HPI
2007 27 APR	£296,000	£392,696	25% below HPI

22 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 22 WHEELER CLOSE sales from April 2007 and November 2024 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 April 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2024 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 22 WHEELER CLOSE be worth now?

22 WHEELER CLOSE might now be worth an estimated £506,831.

This is based on house price inflation of 1.4%, between November 2024 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 1.4% inflationary increase is applied to the most recent sale price for 22 WHEELER CLOSE of £500,000 on 13th November 2024. For the value to have increased from £500,000 to £506,831 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 22 WHEELER CLOSE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The November 2024 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 22 WHEELER CLOSE has not materially changed since November 2024.

How Large is 22 WHEELER CLOSE?

22 WHEELER CLOSE is 105m², which includes four extensions, according to the EPC inspection conducted in May 2024. This puts it in the smallest 30% 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 22 WHEELER CLOSE lies on this distribution: 28% of detached houses houses are smaller than 22 WHEELER CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

22 WHEELER CLOSE: Plot and Title Map

22 WHEELER CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 22 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 22 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 22 WHEELER CLOSE?

22 WHEELER CLOSE is located in BURGHFIELD COMMON, in the RG7 postcode district. The below map shows the position of No. 22 on WHEELER CLOSE.