1, THE FIRS, NEWBURY, RG14 2DG - £395,000

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 THE FIRS is a small detached house of 103m², built sometime from 2007 onwards. It was last sold for £395,000 in April 2017, which was around 31% below the average April 2017 detached price in the West Berkshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

1 THE FIRS Sold Prices

Land registry data shows three sales for 1 THE FIRS 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 THE FIRS 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
2017 13 APR	£395,000	£573,346	31% below HPI
2014 21 JAN	£290,000	£449,867	36% below HPI
2008 30 JUN	£310,000	£407,156	24% below HPI

1 THE FIRS 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 THE FIRS sales between June 2008 and April 2017 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 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2017 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 1 THE FIRS be worth now?

1 THE FIRS might now be worth an estimated £478,133.

This is based on house price inflation of 21%, between April 2017 and December 2024, 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 THE FIRS of £395,000 on 13th April 2017. For the value to have increased from £395,000 to £478,133 over the six years and four months to December 2024, the following assumptions must hold true:

• The value of 1 THE FIRS has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The April 2017 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE FIRS has not materially changed since April 2017.

How Large is 1 THE FIRS?

1 THE FIRS is 103m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 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 THE FIRS lies on this distribution: 28% of detached houses houses are smaller than 1 THE FIRS, and 71% of houses are larger. Note that EPC data is not available for all properties in Newbury.

1 THE FIRS: Plot and Title Map

1 THE FIRS sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 1 THE FIRS, 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 THE FIRS). 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 THE FIRS?

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