7, BURNISTON CLOSE, LOWER EARLEY, READING, RG6 3XE - £310,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 BURNISTON CLOSE is a small detached house of 98m², built sometime between 1950 and 1966. It was last sold for £310,000 in January 2013, which was around 26% below the average January 2013 detached price in the Wokingham local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

7 BURNISTON CLOSE Sold Prices

Land registry data shows three sales for 7 BURNISTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three 7 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
2013 31 JAN	£310,000	£420,427	26% below HPI
1999 12 NOV	£164,950	£220,290	25% below HPI
1996 4 NOV	£103,000	£139,943	26% below HPI

7 BURNISTON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The three 7 BURNISTON CLOSE sales between November 1996 and January 2013 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 November 1999 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2013 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 7 BURNISTON CLOSE?

7 BURNISTON CLOSE is 98m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 30% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 7 BURNISTON CLOSE lies on this distribution: 27% of detached houses are smaller than 7 BURNISTON CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Reading.

7 BURNISTON CLOSE: Plot and Title Map

7 BURNISTON CLOSE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 7 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 7 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 7 BURNISTON CLOSE?

7 BURNISTON CLOSE is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 7 on BURNISTON CLOSE.