15, READING ROAD, BURGHFIELD COMMON, READING, RG7 3PY - £355,000

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.

15 READING ROAD is a very small terraced house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £427,504. It was last sold for £355,000 in August 2017, which was around 29% above the average August 2017 terraced price in the West Berkshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

15 READING ROAD Sold Prices

Land registry data shows two sales for 15 READING ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the West Berkshire local authority area for the corresponding sale date. Both of the two 15 READING ROAD 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
2017 2 AUG	£355,000	£276,095	29% above HPI
2004 21 MAY	£165,000	£159,858	3% above HPI

15 READING ROAD 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 two 15 READING ROAD sales from May 2004 and August 2017 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 2004 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2017 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 15 READING ROAD be worth now?

15 READING ROAD might now be worth an estimated £427,504.

This is based on house price inflation of 20.4%, between August 2017 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 20.4% inflationary increase is applied to the most recent sale price for 15 READING ROAD of £355,000 on 2nd August 2017. For the value to have increased from £355,000 to £427,504 over the nine years and three months to May 2026, the following assumptions must hold true:

• The value of 15 READING ROAD has moved in line with the HPI for terraced houses in the West Berkshire local authority area.
• The August 2017 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 15 READING ROAD has not materially changed since August 2017.

How Large is 15 READING ROAD?

15 READING ROAD is 84m² according to the EPC inspection conducted in April 2015. 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 15 READING ROAD lies on this distribution: 6% of terraced houses houses are smaller than 15 READING ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

15 READING ROAD: Plot and Title Map

15 READING ROAD sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 15 READING ROAD, 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 15 READING ROAD). 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 15 READING ROAD?

15 READING ROAD is located in BURGHFIELD COMMON, in the RG7 postcode district. The below map shows the position of No. 15 on READING ROAD.