1, OAK RIDGE CLOSE, NEWBURY, RG14 6HX - £425,000

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 RIDGE CLOSE is a midsized extended detached house of 126m², built sometime between 2003 and 2006, which could now be worth an estimated £478,790. It was last sold for £425,000 in December 2020, which was around 31% below the average December 2020 detached price in the West Berkshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

1 OAK RIDGE CLOSE Sold Prices

Land registry data shows two sales for 1 OAK RIDGE 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 OAK RIDGE 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
2020 18 DEC	£425,000	£617,296	31% below HPI
2000 13 OCT	£198,995	£258,002	23% below HPI

1 OAK RIDGE 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 OAK RIDGE CLOSE sales from October 2000 and December 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 October 2000 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 1 OAK RIDGE CLOSE be worth now?

1 OAK RIDGE CLOSE might now be worth an estimated £478,790.

This is based on house price inflation of 12.7%, between December 2020 and July 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 12.7% inflationary increase is applied to the most recent sale price for 1 OAK RIDGE CLOSE of £425,000 on 18th December 2020. For the value to have increased from £425,000 to £478,790 over the five years and five months to July 2025, the following assumptions must hold true:

• The value of 1 OAK RIDGE CLOSE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The December 2020 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OAK RIDGE CLOSE has not materially changed since December 2020.

How Large is 1 OAK RIDGE CLOSE?

1 OAK RIDGE CLOSE is 126m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% 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 RIDGE CLOSE lies on this distribution: 47% of detached houses houses are smaller than 1 OAK RIDGE CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Newbury.

1 OAK RIDGE CLOSE: Plot and Title Map

1 OAK RIDGE CLOSE sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 1 OAK RIDGE 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 OAK RIDGE 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 OAK RIDGE CLOSE?

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