IMAGINE, UPPER BUCKLEBURY, READING, RG7 6SU - £350,000

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

IMAGINE is a very small detached house of 80m², built sometime between 1950 and 1966. It was last sold for £350,000 in April 2015, which was around 28% below the average April 2015 detached price in the West Berkshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

IMAGINE Sold Prices

Land registry data shows three sales for IMAGINE 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. All of the three IMAGINE 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
2015 16 APR	£350,000	£486,735	28% below HPI
2010 23 JUL	£250,000	£392,384	36% below HPI
2002 14 JUN	£220,000	£286,201	23% below HPI

IMAGINE 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 IMAGINE sales between June 2002 and April 2015 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 July 2010 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2015 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is IMAGINE?

IMAGINE is 80m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of detached houses in Upper Bucklebury, based on EPC data. The below chart shows the distribution of detached houses by size in Upper Bucklebury, and where IMAGINE lies on this distribution: 8% of detached houses are smaller than IMAGINE, and 91% of houses are larger. Note that EPC data is not available for all properties in Upper Bucklebury.

IMAGINE: Plot and Title Map

IMAGINE sits on a plot of roughly 0.199 of an acre, or 807m². The below map shows the location of IMAGINE, 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 IMAGINE). 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 IMAGINE?

IMAGINE is located in UPPER BUCKLEBURY, in the RG7 postcode district. The below map shows the position of IMAGINE in UPPER BUCKLEBURY.