8, ABBEY PARK, BURGHFIELD COMMON, READING, RG7 3HQ - £387,000

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

8 ABBEY PARK is a midsized extended detached house of 120m², built sometime between 1967 and 1975. It was last sold for £387,000 in July 2015, which was around 21% below the average July 2015 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

8 ABBEY PARK Sold Prices

Land registry data shows two sales for 8 ABBEY PARK 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 8 ABBEY PARK 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
2015 7 JUL	£387,000	£490,043	21% below HPI
1996 28 NOV	£109,500	£131,251	17% below HPI

8 ABBEY PARK 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 8 ABBEY PARK sales from November 1996 and July 2015 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 1996 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 8 ABBEY PARK?

8 ABBEY PARK is 120m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 50% 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 8 ABBEY PARK lies on this distribution: 42% of detached houses are smaller than 8 ABBEY PARK, and 57% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

8 ABBEY PARK: Plot and Title Map

8 ABBEY PARK sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 8 ABBEY PARK, 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 8 ABBEY PARK). 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 8 ABBEY PARK?

8 ABBEY PARK is located in BURGHFIELD COMMON, in the RG7 postcode district. The below map shows the position of No. 8 on ABBEY PARK.