7, OAK DRIVE, BURGHFIELD COMMON, READING, RG7 3JF - £575,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 OAK DRIVE is a large detached house of 168m². It was last sold for £575,000 in October 2009, which was around 56% above the average October 2009 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2009, where the current energy rating was B, and the potential energy rating was B.

7 OAK DRIVE Sold Prices

Land registry data shows two sales for 7 OAK 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 7 OAK 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
2009 16 OCT	£575,000	£367,933	56% above HPI
2007 4 OCT	£1,900,000	£419,702	353% above HPI

7 OAK 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 7 OAK DRIVE sales from October 2007 and October 2009 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 October 2007 sale was for 353% above the HPI. So the extrapolation line tracks at 353% above the HPI over time, until the October 2009 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 7 OAK DRIVE?

7 OAK DRIVE is 168m² according to the EPC inspection conducted in March 2009. This puts it in the largest 30% of detached houses in Burghfield Common, based on EPC data. The below chart shows the distribution of detached houses by size in Burghfield Common, and where 7 OAK DRIVE lies on this distribution: 79% of detached houses are smaller than 7 OAK DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

7 OAK DRIVE: Plot and Title Map

7 OAK DRIVE sits on a plot of roughly 0.201 of an acre, or 814m². The below map shows the location of 7 OAK 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 7 OAK 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 7 OAK DRIVE?

7 OAK DRIVE is located in BURGHFIELD COMMON, in the RG7 postcode district. The below map shows the position of No. 7 on OAK DRIVE.