PINECROFT, SCHOOL LANE, BURGHFIELD COMMON, READING, RG7 3ES - £310,000

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

PINECROFT is a midsized detached house of 124m², built sometime between 1950 and 1966. It was last sold for £310,000 in June 2009, which was around 10% below the average June 2009 detached price in the West Berkshire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was F, and the potential energy rating was C.

PINECROFT Sold Prices

Land registry data shows two sales for PINECROFT 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. One of the two PINECROFT sales was for below the average price, whilst the other 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
2009 24 JUN	£310,000	£344,427	10% below HPI
1998 31 JUL	£175,000	£169,826	3% above HPI

PINECROFT 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 PINECROFT sales from July 1998 and June 2009 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 1998 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2009 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is PINECROFT?

PINECROFT is 124m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 50% 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 PINECROFT lies on this distribution: 46% of detached houses are smaller than PINECROFT, and 53% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

PINECROFT: Plot and Title Map

PINECROFT sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of PINECROFT, 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 PINECROFT). 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 PINECROFT?

PINECROFT is located on SCHOOL LANE in BURGHFIELD COMMON, in the RG7 postcode district. The below map shows the position of PINECROFT on SCHOOL LANE.