15, PEAR TREE LANE, NEWBURY, RG14 2LU - £460,000

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

15 PEAR TREE LANE is a very small extended detached house of 88m², built sometime between 1900 and 1929. It was last sold for £460,000 in July 2023, which was around 32% below the average July 2023 detached price in the West Berkshire local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

15 PEAR TREE LANE Sold Prices

Land registry data shows three sales for 15 PEAR TREE LANE 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 15 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
2023 28 JUL	£460,000	£677,951	32% below HPI
2012 31 JUL	£245,000	£422,971	42% below HPI
2007 25 JUL	£239,950	£412,732	42% below HPI

15 PEAR TREE LANE 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 15 PEAR TREE LANE sales between July 2007 and July 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 July 2012 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2023 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 15 PEAR TREE LANE be worth now?

15 PEAR TREE LANE might now be worth an estimated £470,900.

This is based on house price inflation of 2.4%, between July 2023 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 2.4% inflationary increase is applied to the most recent sale price for 15 PEAR TREE LANE of £460,000 on 28th July 2023. For the value to have increased from £460,000 to £470,900 over the seven months to December 2024, the following assumptions must hold true:

• The value of 15 PEAR TREE LANE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The July 2023 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PEAR TREE LANE has not materially changed since July 2023.

How Large is 15 PEAR TREE LANE?

15 PEAR TREE LANE is 88m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% 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 15 PEAR TREE LANE lies on this distribution: 15% of detached houses houses are smaller than 15 PEAR TREE LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Newbury.

15 PEAR TREE LANE: Plot and Title Map

15 PEAR TREE LANE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 15 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 15 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.

Where is 15 PEAR TREE LANE?

15 PEAR TREE LANE is located in NEWBURY, in the RG14 postcode district. The below map shows the position of No. 15 on PEAR TREE LANE.