LITTLE SPRINGS, PALMERS LANE, BURGHFIELD COMMON, READING, RG7 3DU - £385,000

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

LITTLE SPRINGS is a large extended detached house of 140m², built sometime between 1967 and 1975. It was last sold for £385,000 in June 2014, which was around 14% below the average June 2014 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was C.

LITTLE SPRINGS Sold Prices

Land registry data shows two sales for LITTLE SPRINGS 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 LITTLE SPRINGS 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
2014 16 JUN	£385,000	£449,192	14% below HPI
1999 16 AUG	£165,000	£197,008	16% below HPI

LITTLE SPRINGS 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 LITTLE SPRINGS sales from August 1999 and June 2014 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 August 1999 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2014 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is LITTLE SPRINGS?

LITTLE SPRINGS is 140m², which includes one extension, according to the EPC inspection conducted in June 2013. 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 LITTLE SPRINGS lies on this distribution: 63% of detached houses are smaller than LITTLE SPRINGS, and 37% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

LITTLE SPRINGS: Plot and Title Map

LITTLE SPRINGS sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of LITTLE SPRINGS, 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 LITTLE SPRINGS). 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 LITTLE SPRINGS?

LITTLE SPRINGS is located on PALMERS LANE in BURGHFIELD COMMON, in the RG7 postcode district. The below map shows the position of LITTLE SPRINGS on PALMERS LANE.