CRESSY HOUSE, READING ROAD, BURGHFIELD COMMON, READING, RG7 3BT - £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

CRESSY HOUSE is a large extended detached house of 160m², built sometime between 1900 and 1929. It was last sold for £635,000 in November 2019, which was around 12% above the average November 2019 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was C.

CRESSY HOUSE Sold Prices

Land registry data shows two sales for CRESSY HOUSE 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 CRESSY HOUSE 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
2019 29 NOV	£635,000	£568,745	12% above HPI
2003 3 DEC	£326,000	£323,917	1% above HPI

CRESSY HOUSE 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 CRESSY HOUSE sales from December 2003 and November 2019 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 December 2003 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2019 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is CRESSY HOUSE?

CRESSY HOUSE is 160m², which includes three extensions, according to the EPC inspection conducted in June 2019. 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 CRESSY HOUSE lies on this distribution: 74% of detached houses are smaller than CRESSY HOUSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

CRESSY HOUSE: Plot and Title Map

CRESSY HOUSE sits on a plot of roughly 0.132 of an acre, or 532m². The below map shows the location of CRESSY HOUSE, 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 CRESSY HOUSE). 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 CRESSY HOUSE?

CRESSY HOUSE is located on READING ROAD in BURGHFIELD COMMON, in the RG7 postcode district. The below map shows the position of CRESSY HOUSE on READING ROAD.