1, MIDDLE FARM CLOSE, CHIEVELEY, NEWBURY, RG20 8RJ - £345,000

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 MIDDLE FARM CLOSE is a small detached house of 117m², built sometime between 2003 and 2006, which could now be worth an estimated £577,855. It was last sold for £345,000 in August 2011, which was around 18% below the average August 2011 detached price in the West Berkshire local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

1 MIDDLE FARM CLOSE Sold Prices

Land registry data shows two sales for 1 MIDDLE FARM 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 MIDDLE FARM 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
2011 11 AUG	£345,000	£419,886	18% below HPI
2003 30 JUN	£330,000	£336,884	2% below HPI

1 MIDDLE FARM 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 MIDDLE FARM CLOSE sales from June 2003 and August 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 June 2003 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2011 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 1 MIDDLE FARM CLOSE be worth now?

1 MIDDLE FARM CLOSE might now be worth an estimated £577,855.

This is based on house price inflation of 67.5%, between August 2011 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 67.5% inflationary increase is applied to the most recent sale price for 1 MIDDLE FARM CLOSE of £345,000 on 11th August 2011. For the value to have increased from £345,000 to £577,855 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 1 MIDDLE FARM CLOSE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The August 2011 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MIDDLE FARM CLOSE has not materially changed since August 2011.

How Large is 1 MIDDLE FARM CLOSE?

1 MIDDLE FARM CLOSE is 117m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 30% of detached houses houses in Chieveley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chieveley, and where 1 MIDDLE FARM CLOSE lies on this distribution: 27% of detached houses houses are smaller than 1 MIDDLE FARM CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Chieveley.

1 MIDDLE FARM CLOSE: Plot and Title Map

1 MIDDLE FARM CLOSE sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of 1 MIDDLE FARM 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 MIDDLE FARM 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 MIDDLE FARM CLOSE?

1 MIDDLE FARM CLOSE is located in CHIEVELEY, in the RG20 postcode district. The below map shows the position of No. 1 on MIDDLE FARM CLOSE.