CEDAR WOOD, SCHOOL LANE, BURGHFIELD COMMON, READING, RG7 3ES - £515,000

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

CEDAR WOOD is a large extended detached house of 154m², built sometime between 1967 and 1975. It was last sold for £515,000 in September 2016, which was around 8% below the average September 2016 detached price in the West Berkshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.

CEDAR WOOD Sold Prices

Land registry data shows two sales for CEDAR WOOD 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 CEDAR WOOD 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
2016 23 SEP	£515,000	£558,488	8% below HPI
1999 14 JUL	£159,950	£190,408	16% below HPI

CEDAR WOOD 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 CEDAR WOOD sales from July 1999 and September 2016 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 July 1999 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2016 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is CEDAR WOOD?

CEDAR WOOD is 154m², which includes one extension, according to the EPC inspection conducted in April 2016. 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 CEDAR WOOD lies on this distribution: 71% of detached houses are smaller than CEDAR WOOD, and 29% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

CEDAR WOOD: Plot and Title Map

CEDAR WOOD sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of CEDAR WOOD, 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 CEDAR WOOD). 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 CEDAR WOOD?

CEDAR WOOD is located on SCHOOL LANE in BURGHFIELD COMMON, in the RG7 postcode district. The below map shows the position of CEDAR WOOD on SCHOOL LANE.