1, OAK DRIVE, NEWBURY, RG14 6PD - £650,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 OAK DRIVE is a large detached house of 164m², built sometime between 1991 and 1995, which could now be worth an estimated £786,794. It was last sold for £650,000 in June 2018, which was around 12% above the average June 2018 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

1 OAK DRIVE Sold Prices

Land registry data shows three sales for 1 OAK DRIVE 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 OAK DRIVE sales were for above 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
2018 7 JUN	£650,000	£581,010	12% above HPI
2004 15 OCT	£390,000	£350,929	11% above HPI
1998 17 APR	£239,995	£162,710	47% above HPI

1 OAK DRIVE 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 OAK DRIVE sales between April 1998 and June 2018 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 October 2004 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2018 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 1 OAK DRIVE be worth now?

1 OAK DRIVE might now be worth an estimated £786,794.

This is based on house price inflation of 21%, between June 2018 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 21% inflationary increase is applied to the most recent sale price for 1 OAK DRIVE of £650,000 on 7th June 2018. For the value to have increased from £650,000 to £786,794 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 1 OAK DRIVE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The June 2018 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OAK DRIVE has not materially changed since June 2018.

How Large is 1 OAK DRIVE?

1 OAK DRIVE is 164m² according to the EPC inspection conducted in March 2017. This puts it in the largest 30% of detached houses houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newbury, and where 1 OAK DRIVE lies on this distribution: 74% of detached houses houses are smaller than 1 OAK DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Newbury.

1 OAK DRIVE: Plot and Title Map

1 OAK DRIVE sits on a plot of roughly 0.199 of an acre, or 806m². The below map shows the location of 1 OAK DRIVE, 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 OAK DRIVE). 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 OAK DRIVE?

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