CROSSWAYS, READING ROAD, BURGHFIELD COMMON, READING, RG7 3QA - £475,000

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

CROSSWAYS is a small detached house of 110m². It was last sold for £475,000 in August 2016, which was around 15% below the average August 2016 detached price in the West Berkshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was B, and the potential energy rating was A.

CROSSWAYS Sold Prices

Land registry data shows two sales for CROSSWAYS 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 CROSSWAYS 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 25 AUG	£475,000	£557,130	15% below HPI
2014 7 NOV	£400,000	£484,400	17% below HPI

CROSSWAYS 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 CROSSWAYS sales from November 2014 and August 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 November 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2016 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is CROSSWAYS?

CROSSWAYS is 110m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% 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 CROSSWAYS lies on this distribution: 33% of detached houses are smaller than CROSSWAYS, and 65% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

CROSSWAYS: Plot and Title Map

CROSSWAYS sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of CROSSWAYS, 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 CROSSWAYS). 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 CROSSWAYS?

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