4, WHEELER CLOSE, BURGHFIELD COMMON, READING, RG7 3LW - £455,000

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

4 WHEELER CLOSE is a small extended detached house of 117m², built sometime between 1983 and 1990. It was last sold for £455,000 in October 2019, which was around 20% below the average October 2019 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

4 WHEELER CLOSE Sold Prices

Land registry data shows three sales for 4 WHEELER 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 4 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
2019 4 OCT	£455,000	£571,768	20% below HPI
2000 12 MAY	£176,000	£232,001	24% below HPI
1996 6 SEP	£103,000	£131,074	21% below HPI

4 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 three 4 WHEELER CLOSE sales between September 1996 and October 2019 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 May 2000 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2019 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 4 WHEELER CLOSE?

4 WHEELER CLOSE is 117m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% 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 4 WHEELER CLOSE lies on this distribution: 40% of detached houses are smaller than 4 WHEELER CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

4 WHEELER CLOSE: Plot and Title Map

4 WHEELER CLOSE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 4 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 4 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 4 WHEELER CLOSE?

4 WHEELER CLOSE is located in BURGHFIELD COMMON, in the RG7 postcode district. The below map shows the position of No. 4 on WHEELER CLOSE.