HOME CLOSE COTTAGE, READING ROAD, BURGHFIELD COMMON, READING, RG7 3BT - £415,000

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

HOME CLOSE COTTAGE is a large extended detached house of 142m², built sometime between 1930 and 1949. It was last sold for £415,000 in October 2013, which was around 4% below the average October 2013 detached price in the West Berkshire local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was C.

HOME CLOSE COTTAGE Sold Prices

Land registry data shows three sales for HOME CLOSE COTTAGE 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. One of the three HOME CLOSE COTTAGE sales was for below the average price, whilst two 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
2013 28 OCT	£415,000	£433,230	4% below HPI
2011 12 OCT	£415,000	£404,864	3% above HPI
2000 20 MAR	£242,500	£222,908	9% above HPI

HOME CLOSE COTTAGE 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 HOME CLOSE COTTAGE sales between March 2000 and October 2013 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 October 2011 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2013 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is HOME CLOSE COTTAGE?

HOME CLOSE COTTAGE is 142m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the largest 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 HOME CLOSE COTTAGE lies on this distribution: 63% of detached houses are smaller than HOME CLOSE COTTAGE, and 37% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

HOME CLOSE COTTAGE: Plot and Title Map

HOME CLOSE COTTAGE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of HOME CLOSE COTTAGE, 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 HOME CLOSE COTTAGE). 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 HOME CLOSE COTTAGE?

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