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

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

HOME CLOSE COTTAGE is a large extended detached house of 142m², built sometime between 1930 and 1949, which could now be worth an estimated £643,406. It was last sold for £415,000 in October 2013, which was around 7% 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. Two of the three HOME CLOSE COTTAGE sales were for below the average price, whilst one was 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	£447,643	7% below HPI
2011 12 OCT	£415,000	£418,333	1% below HPI
2000 20 MAR	£242,500	£230,324	5% 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 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2013 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might HOME CLOSE COTTAGE be worth now?

HOME CLOSE COTTAGE might now be worth an estimated £643,406.

This is based on house price inflation of 55%, between October 2013 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 55% inflationary increase is applied to the most recent sale price for HOME CLOSE COTTAGE of £415,000 on 28th October 2013. For the value to have increased from £415,000 to £643,406 over the ten years and ten months to December 2024, the following assumptions must hold true:

• The value of HOME CLOSE COTTAGE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The October 2013 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of HOME CLOSE COTTAGE has not materially changed since October 2013.

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 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 HOME CLOSE COTTAGE lies on this distribution: 64% of detached houses houses are smaller than HOME CLOSE COTTAGE, and 36% 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.