CLAREWOOD, BUNCES LANE, BURGHFIELD COMMON, READING, RG7 3DL - £419,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CLAREWOOD is a small detached house of 109m², built sometime between 1967 and 1975, which could now be worth an estimated £478,674. It was last sold for £419,500 in January 2021, which was around 31% below the average January 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

CLAREWOOD Sold Prices

Land registry data shows two sales for CLAREWOOD 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 CLAREWOOD 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
2021 21 JAN	£419,500	£608,221	31% below HPI
1998 30 JAN	£138,000	£170,236	19% below HPI

CLAREWOOD 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 CLAREWOOD sales from January 1998 and January 2021 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 January 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might CLAREWOOD be worth now?

CLAREWOOD might now be worth an estimated £478,674.

This is based on house price inflation of 14.1%, between January 2021 and December 2024, for detached houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.1% inflationary increase is applied to the most recent sale price for CLAREWOOD of £419,500 on 21st January 2021. For the value to have increased from £419,500 to £478,674 over the two years and one month to December 2024, the following assumptions must hold true:

• The value of CLAREWOOD has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The January 2021 sale price of £419,500 represented a fair market value for the property.
• The size, condition, and specification of CLAREWOOD has not materially changed since January 2021.

How Large is CLAREWOOD?

CLAREWOOD is 109m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses houses in Burghfield Common, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burghfield Common, and where CLAREWOOD lies on this distribution: 32% of detached houses houses are smaller than CLAREWOOD, and 67% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

CLAREWOOD: Plot and Title Map

CLAREWOOD sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of CLAREWOOD, 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 CLAREWOOD). 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 CLAREWOOD?

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