12, STABLE CLOSE, BURGHFIELD COMMON, READING, RG7 3NJ - £264,000

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.

12 STABLE CLOSE is a very small terraced house of 59m², built sometime between 1983 and 1990, which could now be worth an estimated £320,518. It was last sold for £264,000 in May 2019, which was around 4% below the average May 2019 terraced price in the West Berkshire local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

12 STABLE CLOSE Sold Prices

Land registry data shows three sales for 12 STABLE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the West Berkshire local authority area for the corresponding sale date. All of the three 12 STABLE CLOSE 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
2019 31 MAY	£264,000	£273,856	4% below HPI
2016 22 APR	£250,000	£260,187	4% below HPI
1996 7 JUN	£58,000	£60,454	4% below HPI

12 STABLE CLOSE 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 three 12 STABLE CLOSE sales between June 1996 and May 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 April 2016 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2019 sale, which was also at 4% below the HPI.

What might 12 STABLE CLOSE be worth now?

12 STABLE CLOSE might now be worth an estimated £320,518.

This is based on house price inflation of 21.4%, between May 2019 and May 2026, 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 21.4% inflationary increase is applied to the most recent sale price for 12 STABLE CLOSE of £264,000 on 31st May 2019. For the value to have increased from £264,000 to £320,518 over the seven years to May 2026, the following assumptions must hold true:

• The value of 12 STABLE CLOSE has moved in line with the HPI for terraced houses in the West Berkshire local authority area.
• The May 2019 sale price of £264,000 represented a fair market value for the property.
• The size, condition, and specification of 12 STABLE CLOSE has not materially changed since May 2019.

How Large is 12 STABLE CLOSE?

12 STABLE CLOSE is 59m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% 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 12 STABLE CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 12 STABLE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

12 STABLE CLOSE: Plot and Title Map

12 STABLE CLOSE sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 12 STABLE CLOSE, 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 12 STABLE CLOSE). 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 12 STABLE CLOSE?

12 STABLE CLOSE is located in BURGHFIELD COMMON, in the RG7 postcode district. The below map shows the position of No. 12 on STABLE CLOSE.