REDHATCH, READING ROAD, BURGHFIELD COMMON, READING, RG7 3BL - £620,000

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

REDHATCH is a midsized extended detached house of 124m², built sometime between 1950 and 1966. It was last sold for £620,000 in July 2022, which was around 7% below the average July 2022 detached price in the West Berkshire local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

REDHATCH Sold Prices

Land registry data shows two sales for REDHATCH 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 REDHATCH 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
2022 29 JUL	£620,000	£665,790	7% below HPI
2006 23 AUG	£285,000	£362,409	21% below HPI

REDHATCH 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 REDHATCH sales from August 2006 and July 2022 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 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is REDHATCH?

REDHATCH is 124m², which includes two extensions, according to the EPC inspection conducted in February 2022. 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 REDHATCH lies on this distribution: 46% of detached houses are smaller than REDHATCH, and 53% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

REDHATCH: Plot and Title Map

REDHATCH sits on a plot of roughly 0.145 of an acre, or 589m². The below map shows the location of REDHATCH, 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 REDHATCH). 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 REDHATCH?

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