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
13 LOWER WAY is a very large extended detached house of 162m², built sometime between 1900 and 1929. It was last sold for £527,500 in August 2023, which was around 21% below the average August 2023 detached price in the West Berkshire local authority area. The most recent EPC inspection was April 2022, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 13 LOWER WAY since 1st 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. One of the three 13 LOWER WAY sales was for below the average price, whilst two 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 |
---|---|---|---|
2023 4 AUG | £527,500 | £669,420 | 21% below HPI |
1998 9 APR | £179,100 | £157,471 | 14% above HPI |
1996 26 APR | £147,000 | £120,535 | 22% above HPI |
The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The three 13 LOWER WAY sales between April 1996 and August 2023 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 April 1998 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.
13 LOWER WAY is 162m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 10% of detached houses in Thatcham, based on EPC data. The below chart shows the distribution of detached houses by size in Thatcham, and where 13 LOWER WAY lies on this distribution: 90% of detached houses are smaller than 13 LOWER WAY, and 9% of houses are larger. Note that EPC data is not available for all properties in Thatcham.
13 LOWER WAY sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 13 LOWER WAY, 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 13 LOWER WAY). 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.
13 LOWER WAY is located in THATCHAM, in the RG19 postcode district. The below map shows the position of No. 13 on LOWER WAY.