SPRINGFIELDS, PANGBOURNE HILL, PANGBOURNE, READING, RG8 7AS - £2,350,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SPRINGFIELDS is a very large extended detached house of 475m², built sometime between 1930 and 1949. It was last sold for £2,350,000 in September 2022, which was around 245% above the average September 2022 detached price in the West Berkshire local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

SPRINGFIELDS Sold Prices

Land registry data shows three sales for SPRINGFIELDS 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 SPRINGFIELDS sales were 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
2022 29 SEP	£2,350,000	£682,130	245% above HPI
2010 1 SEP	£1,515,000	£403,210	276% above HPI
1996 18 NOV	£420,000	£131,251	220% above HPI

SPRINGFIELDS 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 SPRINGFIELDS sales between November 1996 and September 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 September 2010 sale was for 276% above the HPI. So the extrapolation line tracks at 276% above the HPI over time, until the September 2022 sale, where it falls to 245% above the HPI. The line then continues to track at 245% above the HPI.

How Large is SPRINGFIELDS?

SPRINGFIELDS is 475m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the largest 10% of detached houses in Pangbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Pangbourne, and where SPRINGFIELDS lies on this distribution: 99% of detached houses are smaller than SPRINGFIELDS, and 1% of houses are larger. Note that EPC data is not available for all properties in Pangbourne.

SPRINGFIELDS: Plot and Title Map

SPRINGFIELDS sits on a plot of roughly 0.646 of an acre, or 2,613m². The below map shows the location of SPRINGFIELDS, 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 SPRINGFIELDS). 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 SPRINGFIELDS?

SPRINGFIELDS is located on PANGBOURNE HILL in PANGBOURNE, in the RG8 postcode district. The below map shows the position of SPRINGFIELDS on PANGBOURNE HILL.