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
15 NORMAY RISE is a midsized extended detached house of 126m², built sometime between 1950 and 1966. It was last sold for £615,000 in September 2023, which was around 8% below the average September 2023 detached price in the West Berkshire local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 15 NORMAY RISE 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. All of the three 15 NORMAY RISE 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 |
---|---|---|---|
2023 14 SEP | £615,000 | £670,088 | 8% below HPI |
2015 26 AUG | £475,000 | £510,391 | 7% below HPI |
2013 16 DEC | £420,000 | £429,745 | 2% 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 three 15 NORMAY RISE sales between December 2013 and September 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 August 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2023 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.
15 NORMAY RISE is 126m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 50% of detached houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses by size in Newbury, and where 15 NORMAY RISE lies on this distribution: 48% of detached houses are smaller than 15 NORMAY RISE, and 51% of houses are larger. Note that EPC data is not available for all properties in Newbury.
15 NORMAY RISE sits on a plot of roughly 0.175 of an acre, or 710m². The below map shows the location of 15 NORMAY RISE, 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 15 NORMAY RISE). 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.
15 NORMAY RISE is located in NEWBURY, in the RG14 postcode district. The below map shows the position of No. 15 on NORMAY RISE.