5, OAKLEY DRIVE, BURGHFIELD COMMON, READING, RG7 3ZF - £810,000

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

5 OAKLEY DRIVE is a very large detached house of 282m², which could now be worth an estimated £924,256. It was last sold for £810,000 in January 2021, which was around 33% above the average January 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was April 2018, where the current energy rating was B, and the potential energy rating was B.

5 OAKLEY DRIVE Sold Prices

Land registry data shows two sales for 5 OAKLEY DRIVE 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 OAKLEY DRIVE 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
2021 29 JAN	£810,000	£608,221	33% above HPI
2018 11 JUL	£805,000	£600,835	34% above HPI

5 OAKLEY DRIVE 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 OAKLEY DRIVE sales from July 2018 and January 2021 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 2018 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the January 2021 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 5 OAKLEY DRIVE be worth now?

5 OAKLEY DRIVE might now be worth an estimated £924,256.

This is based on house price inflation of 14.1%, between January 2021 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 14.1% inflationary increase is applied to the most recent sale price for 5 OAKLEY DRIVE of £810,000 on 29th January 2021. For the value to have increased from £810,000 to £924,256 over the two years and one month to December 2024, the following assumptions must hold true:

• The value of 5 OAKLEY DRIVE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The January 2021 sale price of £810,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OAKLEY DRIVE has not materially changed since January 2021.

How Large is 5 OAKLEY DRIVE?

5 OAKLEY DRIVE is 282m² according to the EPC inspection conducted in April 2018. This puts it in the largest 10% 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 OAKLEY DRIVE lies on this distribution: 99% of detached houses houses are smaller than 5 OAKLEY DRIVE, and 1% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

5 OAKLEY DRIVE: Plot and Title Map

5 OAKLEY DRIVE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 5 OAKLEY DRIVE, 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 OAKLEY DRIVE). 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 OAKLEY DRIVE?

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