48, BROAD LANE, UPPER BUCKLEBURY, READING, RG7 6QJ - £655,000

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

48 BROAD LANE is a very small extended detached house of 92m², built sometime between 1930 and 1949. It was last sold for £655,000 in January 2014, which was around 50% above the average January 2014 detached price in the West Berkshire local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was D.

48 BROAD LANE Sold Prices

Land registry data shows two sales for 48 BROAD LANE 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 48 BROAD LANE sales were for above 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
2014 3 JAN	£655,000	£435,382	50% above HPI
2012 31 JUL	£635,000	£409,353	55% above HPI

48 BROAD LANE 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 48 BROAD LANE sales from July 2012 and January 2014 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 2012 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the January 2014 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 48 BROAD LANE?

48 BROAD LANE is 92m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the smallest 20% of detached houses in Upper Bucklebury, based on EPC data. The below chart shows the distribution of detached houses by size in Upper Bucklebury, and where 48 BROAD LANE lies on this distribution: 14% of detached houses are smaller than 48 BROAD LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Upper Bucklebury.

48 BROAD LANE: Plot and Title Map

48 BROAD LANE sits on a plot of roughly 0.444 of an acre, or 1,797m². The below map shows the location of 48 BROAD LANE, 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 48 BROAD LANE). 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 48 BROAD LANE?

48 BROAD LANE is located in UPPER BUCKLEBURY, in the RG7 postcode district. The below map shows the position of No. 48 on BROAD LANE.