5, BURNISTON CLOSE, LOWER EARLEY, READING, RG6 3XE - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 BURNISTON CLOSE is a very small semi-detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £450,649. It was last sold for £300,000 in November 2014, which was around 10% below the average November 2014 semi-detached price in the Wokingham local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was B.

5 BURNISTON CLOSE Sold Prices

Land registry data shows three sales for 5 BURNISTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wokingham local authority area for the corresponding sale date. All of the three 5 BURNISTON 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
2014 14 NOV	£300,000	£333,509	10% below HPI
2005 25 AUG	£202,250	£237,694	15% below HPI
2002 9 AUG	£172,500	£197,263	13% below HPI

5 BURNISTON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wokingham local authority area over time, sourced from the HPI. The three 5 BURNISTON CLOSE sales between August 2002 and November 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 August 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2014 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 5 BURNISTON CLOSE be worth now?

5 BURNISTON CLOSE might now be worth an estimated £450,649.

This is based on house price inflation of 50.2%, between November 2014 and February 2025, for semi-detached houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.2% inflationary increase is applied to the most recent sale price for 5 BURNISTON CLOSE of £300,000 on 14th November 2014. For the value to have increased from £300,000 to £450,649 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 BURNISTON CLOSE has moved in line with the HPI for semi-detached houses in the Wokingham local authority area.
• The November 2014 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BURNISTON CLOSE has not materially changed since November 2014.

How Large is 5 BURNISTON CLOSE?

5 BURNISTON CLOSE is 78m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of semi-detached houses houses in Reading, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reading, and where 5 BURNISTON CLOSE lies on this distribution: 10% of semi-detached houses houses are smaller than 5 BURNISTON CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Reading.

5 BURNISTON CLOSE: Plot and Title Map

5 BURNISTON CLOSE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 5 BURNISTON 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 5 BURNISTON 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 5 BURNISTON CLOSE?

5 BURNISTON CLOSE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 5 on BURNISTON CLOSE.