CORNER COTTAGE, READING ROAD, BURGHFIELD COMMON, READING, RG7 3QA - £480,000

CORNER COTTAGE is a small detached house of 110m². It was last sold for £480,000 in May 2016, which was around 10% below the average May 2016 detached price in the West Berkshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was B, and the potential energy rating was A.

CORNER COTTAGE Sold Prices

Land registry data shows two sales for CORNER COTTAGE 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 CORNER COTTAGE 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
2016 31 MAY	£480,000	£533,522	10% below HPI
2014 24 NOV	£425,000	£484,400	12% below HPI

CORNER COTTAGE 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 CORNER COTTAGE sales from November 2014 and May 2016 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 November 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2016 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is CORNER COTTAGE?

CORNER COTTAGE is 110m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% 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 CORNER COTTAGE lies on this distribution: 33% of detached houses are smaller than CORNER COTTAGE, and 65% of houses are larger. Note that EPC data is not available for all properties in Burghfield Common.

CORNER COTTAGE: Plot and Title Map

CORNER COTTAGE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of CORNER 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 CORNER 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 CORNER COTTAGE?

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