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
11A PEAR TREE LANE is a small extended detached house of 100m², built sometime between 1930 and 1949. It was last sold for £353,000 in October 2019, which was around 38% below the average October 2019 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 11A PEAR TREE LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the four 11A PEAR TREE LANE 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 |
---|---|---|---|
2019 31 OCT | £353,000 | £571,768 | 38% below HPI |
2019 29 AUG | £380,000 | £577,873 | 34% below HPI |
2002 23 OCT | £249,950 | £314,264 | 20% below HPI |
2001 14 DEC | £195,000 | £274,697 | 29% below HPI |
The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The four 11A PEAR TREE LANE sales between December 2001 and October 2019 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 August 2019 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2019 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.
11A PEAR TREE LANE is 100m², which includes one extension, according to the EPC inspection conducted in June 2019. 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 11A PEAR TREE LANE lies on this distribution: 25% of detached houses are smaller than 11A PEAR TREE LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Newbury.
11A PEAR TREE LANE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 11A PEAR TREE LANE, 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 11A PEAR TREE LANE). 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.
11A PEAR TREE LANE is located in NEWBURY, in the RG14 postcode district. The below map shows the position of No. 11A on PEAR TREE LANE.