1, ELY GROVE, NEWBURY, RG14 2RL - £365,000

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.

1 ELY GROVE is a small detached house of 108m², built sometime between 2003 and 2006, which could now be worth an estimated £436,810. It was last sold for £365,000 in November 2019, which was around 38% below the average November 2019 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

1 ELY GROVE Sold Prices

Land registry data shows three sales for 1 ELY GROVE 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 1 ELY GROVE 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 29 NOV	£365,000	£587,667	38% below HPI
2019 31 OCT	£425,000	£590,790	28% below HPI
2005 9 DEC	£240,000	£346,923	31% below HPI

1 ELY GROVE 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 1 ELY GROVE sales between December 2005 and November 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 October 2019 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2019 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 1 ELY GROVE be worth now?

1 ELY GROVE might now be worth an estimated £436,810.

This is based on house price inflation of 19.7%, between November 2019 and February 2025, for detached 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 19.7% inflationary increase is applied to the most recent sale price for 1 ELY GROVE of £365,000 on 29th November 2019. For the value to have increased from £365,000 to £436,810 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 ELY GROVE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The November 2019 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ELY GROVE has not materially changed since November 2019.

How Large is 1 ELY GROVE?

1 ELY GROVE is 108m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% of detached houses houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newbury, and where 1 ELY GROVE lies on this distribution: 32% of detached houses houses are smaller than 1 ELY GROVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Newbury.

1 ELY GROVE: Plot and Title Map

1 ELY GROVE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 1 ELY GROVE, 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 1 ELY GROVE). 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 1 ELY GROVE?

1 ELY GROVE is located in NEWBURY, in the RG14 postcode district. The below map shows the position of No. 1 on ELY GROVE.