5, FINCH WAY, BURGHFIELD COMMON, READING, RG7 3XT - £592,500

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

5 FINCH WAY is a large detached house of 155m², built sometime between 1983 and 1990, which could now be worth an estimated £740,891. It was last sold for £592,500 in February 2016, which was around 7% above the average February 2016 detached price in the West Berkshire local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

5 FINCH WAY Sold Prices

Land registry data shows two sales for 5 FINCH WAY 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 5 FINCH WAY 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
2016 8 FEB	£592,500	£555,013	7% above HPI
1997 1 MAY	£162,000	£149,220	9% above HPI

5 FINCH WAY 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 5 FINCH WAY sales from May 1997 and February 2016 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 1997 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the February 2016 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 5 FINCH WAY be worth now?

5 FINCH WAY might now be worth an estimated £740,891.

This is based on house price inflation of 25%, between February 2016 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 25% inflationary increase is applied to the most recent sale price for 5 FINCH WAY of £592,500 on 8th February 2016. For the value to have increased from £592,500 to £740,891 over the seven years and two months to December 2024, the following assumptions must hold true:

• The value of 5 FINCH WAY has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The February 2016 sale price of £592,500 represented a fair market value for the property.
• The size, condition, and specification of 5 FINCH WAY has not materially changed since February 2016.

How Large is 5 FINCH WAY?

5 FINCH WAY is 155m² according to the EPC inspection conducted in May 2010. This puts it in the largest 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 5 FINCH WAY lies on this distribution: 71% of detached houses houses are smaller than 5 FINCH WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

5 FINCH WAY: Plot and Title Map

5 FINCH WAY sits on a plot of roughly 0.176 of an acre, or 714m². The below map shows the location of 5 FINCH WAY, 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 FINCH WAY). 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 FINCH WAY?

5 FINCH WAY is located in BURGHFIELD COMMON, in the RG7 postcode district. The below map shows the position of No. 5 on FINCH WAY.