1, GRIFFITHS CLOSE, THATCHAM, RG19 4FH - £615,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 GRIFFITHS CLOSE is a very large detached house of 144m², built sometime between 1983 and 1990, which could now be worth an estimated £609,277. It was last sold for £615,000 in August 2022, which was around 12% below the average August 2022 detached price in the West Berkshire local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

1 GRIFFITHS CLOSE Sold Prices

Land registry data shows two sales for 1 GRIFFITHS CLOSE 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 1 GRIFFITHS 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
2022 22 AUG	£615,000	£700,534	12% below HPI
2014 24 JAN	£375,000	£449,867	17% below HPI

1 GRIFFITHS CLOSE 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 1 GRIFFITHS CLOSE sales from January 2014 and August 2022 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 January 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 GRIFFITHS CLOSE be worth now?

1 GRIFFITHS CLOSE might now be worth an estimated £609,277.

This is based on house price deflation of 0.9%, between August 2022 and December 2024, 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 0.9% deflationary decrease is applied to the most recent sale price for 1 GRIFFITHS CLOSE of £615,000 on 22nd August 2022. For the value to have decreased from £615,000 to £609,277 over the one year and eight months to December 2024, the following assumptions must hold true:

• The value of 1 GRIFFITHS CLOSE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The August 2022 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GRIFFITHS CLOSE has not materially changed since August 2022.

How Large is 1 GRIFFITHS CLOSE?

1 GRIFFITHS CLOSE is 144m² according to the EPC inspection conducted in September 2013. This puts it in the largest 20% of detached houses houses in Thatcham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thatcham, and where 1 GRIFFITHS CLOSE lies on this distribution: 81% of detached houses houses are smaller than 1 GRIFFITHS CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Thatcham.

1 GRIFFITHS CLOSE: Plot and Title Map

1 GRIFFITHS CLOSE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 1 GRIFFITHS 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 1 GRIFFITHS 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 1 GRIFFITHS CLOSE?

1 GRIFFITHS CLOSE is located in THATCHAM, in the RG19 postcode district. The below map shows the position of No. 1 on GRIFFITHS CLOSE.