BANKSIDE, JORDANS LANE, BURGHFIELD COMMON, READING, RG7 3LP - £635,000

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

BANKSIDE is a very large extended detached house of 184m², built sometime between 1976 and 1982. It was last sold for £635,000 in July 2022, which was around 5% below the average July 2022 detached price in the West Berkshire local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

BANKSIDE Sold Prices

Land registry data shows three sales for BANKSIDE 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. Two of the three BANKSIDE sales were for below the average price, whilst one was 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
2022 28 JUL	£635,000	£665,790	5% below HPI
2021 21 MAY	£580,000	£576,820	1% above HPI
2014 24 NOV	£330,000	£484,400	32% below HPI

BANKSIDE 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 BANKSIDE sales between November 2014 and July 2022 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 May 2021 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2022 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is BANKSIDE?

BANKSIDE is 184m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 20% 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 BANKSIDE lies on this distribution: 87% of detached houses are smaller than BANKSIDE, and 13% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

BANKSIDE: Plot and Title Map

BANKSIDE sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of BANKSIDE, 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 BANKSIDE). 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 BANKSIDE?

BANKSIDE is located on JORDANS LANE in BURGHFIELD COMMON, in the RG7 postcode district. The below map shows the position of BANKSIDE on JORDANS LANE.