1, LIPSCOMB CLOSE, HERMITAGE, THATCHAM, RG18 9SZ - £585,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 LIPSCOMB CLOSE is a midsized extended detached house of 149m², built sometime between 1976 and 1982. It was last sold for £585,000 in August 2019, which was around 1% above the average August 2019 detached price in the West Berkshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

1 LIPSCOMB CLOSE Sold Prices

Land registry data shows three sales for 1 LIPSCOMB CLOSE 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. The three 1 LIPSCOMB CLOSE sales were a mix of above the average price, roughly equal to the average price, and 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 28 AUG	£585,000	£577,873	1% above HPI
2011 14 JAN	£380,000	£405,544	6% below HPI
2002 19 JUL	£290,000	£290,618	Close to HPI

1 LIPSCOMB 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 three 1 LIPSCOMB CLOSE sales between July 2002 and August 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 January 2011 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2019 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 1 LIPSCOMB CLOSE?

1 LIPSCOMB CLOSE is 149m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of detached houses in Hermitage, based on EPC data. The below chart shows the distribution of detached houses by size in Hermitage, and where 1 LIPSCOMB CLOSE lies on this distribution: 48% of detached houses are smaller than 1 LIPSCOMB CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Hermitage.

1 LIPSCOMB CLOSE: Plot and Title Map

1 LIPSCOMB CLOSE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 1 LIPSCOMB 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 LIPSCOMB 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 LIPSCOMB CLOSE?

1 LIPSCOMB CLOSE is located in HERMITAGE, in the RG18 postcode district. The below map shows the position of No. 1 on LIPSCOMB CLOSE.