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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). 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 29% 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	£554,885	29% below HPI
2014 21 JAN	£290,000	£435,382	33% below HPI
2008 30 JUN	£310,000	£394,047	21% 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 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2017 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

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 in Newbury, based on EPC data. The below chart shows the distribution of detached houses by size in Newbury, and where 1 THE FIRS lies on this distribution: 28% of detached 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.