1, GROVELAND ROAD, SPEEN, NEWBURY, RG14 1SR - £588,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 GROVELAND ROAD is a small extended detached house of 113m², built sometime between 1976 and 1982. It was last sold for £588,000 in March 2020, which was around 5% above the average March 2020 detached price in the West Berkshire local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

1 GROVELAND ROAD Sold Prices

Land registry data shows three sales for 1 GROVELAND ROAD 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. One of the three 1 GROVELAND ROAD sales was for above the average price, whilst two 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
2020 3 MAR	£588,000	£562,175	5% above HPI
2005 1 SEP	£249,999	£338,594	26% below HPI
1996 31 OCT	£81,500	£130,401	38% below HPI

1 GROVELAND ROAD 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 GROVELAND ROAD sales between October 1996 and March 2020 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 September 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2020 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 1 GROVELAND ROAD?

1 GROVELAND ROAD is 113m², which includes three extensions, according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% of detached houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses by size in Newbury, and where 1 GROVELAND ROAD lies on this distribution: 38% of detached houses are smaller than 1 GROVELAND ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Newbury.

1 GROVELAND ROAD: Plot and Title Map

1 GROVELAND ROAD sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 1 GROVELAND 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 1 GROVELAND 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 1 GROVELAND ROAD?

1 GROVELAND ROAD is located in SPEEN, in the RG14 postcode district. The below map shows the position of No. 1 on GROVELAND ROAD.