VICTORIA COTTAGE, BUNCES LANE, BURGHFIELD COMMON, READING, RG7 3DP - £345,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

VICTORIA COTTAGE is a small extended terraced house of 105m², built sometime before 1900, which could now be worth an estimated £407,952. It was last sold for £345,000 in July 2019, which was around 25% above the average July 2019 terraced price in the West Berkshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

VICTORIA COTTAGE Sold Prices

Land registry data shows four sales for VICTORIA COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the West Berkshire local authority area for the corresponding sale date. All of the four VICTORIA COTTAGE 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
2019 5 JUL	£345,000	£275,439	25% above HPI
2016 6 MAY	£350,000	£260,229	34% above HPI
2013 24 MAY	£290,000	£206,075	41% above HPI
2007 20 FEB	£249,950	£192,031	30% above HPI

VICTORIA COTTAGE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Berkshire local authority area over time, sourced from the HPI. The four VICTORIA COTTAGE sales between February 2007 and July 2019 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 May 2016 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the July 2019 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might VICTORIA COTTAGE be worth now?

VICTORIA COTTAGE might now be worth an estimated £407,952.

This is based on house price inflation of 18.2%, between July 2019 and July 2025, for terraced houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.2% inflationary increase is applied to the most recent sale price for VICTORIA COTTAGE of £345,000 on 5th July 2019. For the value to have increased from £345,000 to £407,952 over the six years to July 2025, the following assumptions must hold true:

• The value of VICTORIA COTTAGE has moved in line with the HPI for terraced houses in the West Berkshire local authority area.
• The July 2019 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of VICTORIA COTTAGE has not materially changed since July 2019.

How Large is VICTORIA COTTAGE?

VICTORIA COTTAGE is 105m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% of terraced houses houses in Burghfield Common, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Burghfield Common, and where VICTORIA COTTAGE lies on this distribution: 28% of terraced houses houses are smaller than VICTORIA COTTAGE, and 71% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

VICTORIA COTTAGE: Plot and Title Map

VICTORIA COTTAGE sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of VICTORIA COTTAGE, 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 VICTORIA COTTAGE). 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 VICTORIA COTTAGE?

VICTORIA COTTAGE is located on BUNCES LANE in BURGHFIELD COMMON, in the RG7 postcode district. The below map shows the position of VICTORIA COTTAGE on BUNCES LANE.