1, LAWRENCE PLACE, NEWBURY, RG14 2JA - £275,000

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 LAWRENCE PLACE is a small detached house of 111m², built sometime between 2003 and 2006. It was last sold for £275,000 in March 2011, which was around 32% below the average March 2011 detached price in the West Berkshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

1 LAWRENCE PLACE Sold Prices

Land registry data shows three sales for 1 LAWRENCE PLACE 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 LAWRENCE PLACE 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
2011 14 MAR	£275,000	£401,831	32% below HPI
2006 11 AUG	£294,995	£362,409	19% below HPI
2003 27 JUN	£249,950	£326,037	23% below HPI

1 LAWRENCE PLACE 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 LAWRENCE PLACE sales between June 2003 and March 2011 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 August 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2011 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 1 LAWRENCE PLACE?

1 LAWRENCE PLACE is 111m² according to the EPC inspection conducted in November 2021. 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 LAWRENCE PLACE lies on this distribution: 36% of detached houses are smaller than 1 LAWRENCE PLACE, and 64% of houses are larger. Note that EPC data is not available for all properties in Newbury.

1 LAWRENCE PLACE: Plot and Title Map

1 LAWRENCE PLACE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 1 LAWRENCE PLACE, 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 LAWRENCE PLACE). 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 LAWRENCE PLACE?

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