5, PARK VIEW, BURGHFIELD COMMON, READING, RG7 3EJ - £725,000

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 PARK VIEW is a very large extended detached house of 207m², built sometime between 1996 and 2002, which could now be worth an estimated £867,244. It was last sold for £725,000 in August 2017, which was around 23% above the average August 2017 detached price in the West Berkshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

5 PARK VIEW Sold Prices

Land registry data shows three sales for 5 PARK VIEW 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 5 PARK VIEW 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
2017 8 AUG	£725,000	£587,933	23% above HPI
2002 2 AUG	£447,000	£311,495	44% above HPI
2000 9 JUN	£335,000	£245,354	37% above HPI

5 PARK VIEW 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 5 PARK VIEW sales between June 2000 and August 2017 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 2002 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the August 2017 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 5 PARK VIEW be worth now?

5 PARK VIEW might now be worth an estimated £867,244.

This is based on house price inflation of 19.6%, between August 2017 and February 2025, 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 19.6% inflationary increase is applied to the most recent sale price for 5 PARK VIEW of £725,000 on 8th August 2017. For the value to have increased from £725,000 to £867,244 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 5 PARK VIEW has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The August 2017 sale price of £725,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PARK VIEW has not materially changed since August 2017.

How Large is 5 PARK VIEW?

5 PARK VIEW is 207m², which includes two extensions, according to the EPC inspection conducted in October 2016. 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 PARK VIEW lies on this distribution: 93% of detached houses houses are smaller than 5 PARK VIEW, and 7% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

5 PARK VIEW: Plot and Title Map

5 PARK VIEW sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of 5 PARK VIEW, 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 PARK VIEW). 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 PARK VIEW?

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