16, LIPSCOMB CLOSE, HERMITAGE, THATCHAM, RG18 9SZ - £555,000

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

16 LIPSCOMB CLOSE is a small extended detached house of 126m², built sometime between 1976 and 1982. It was last sold for £555,000 in May 2021, which was around 4% below the average May 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

16 LIPSCOMB CLOSE Sold Prices

Land registry data shows five sales for 16 LIPSCOMB CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Most of the five 16 LIPSCOMB CLOSE sales 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
2021 20 MAY	£555,000	£576,820	4% below HPI
2009 27 NOV	£402,500	£372,599	8% above HPI
2004 7 SEP	£380,000	£338,518	12% above HPI
2001 23 AUG	£335,000	£275,606	22% above HPI
1997 18 JUL	£165,000	£150,305	10% above HPI

16 LIPSCOMB CLOSE 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 five 16 LIPSCOMB CLOSE sales between July 1997 and May 2021 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 November 2009 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 16 LIPSCOMB CLOSE?

16 LIPSCOMB CLOSE is 126m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of detached houses in Hermitage, based on EPC data. The below chart shows the distribution of detached houses by size in Hermitage, and where 16 LIPSCOMB CLOSE lies on this distribution: 31% of detached houses are smaller than 16 LIPSCOMB CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Hermitage.

16 LIPSCOMB CLOSE: Plot and Title Map

16 LIPSCOMB CLOSE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 16 LIPSCOMB CLOSE, 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 16 LIPSCOMB CLOSE). 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 16 LIPSCOMB CLOSE?

16 LIPSCOMB CLOSE is located in HERMITAGE, in the RG18 postcode district. The below map shows the position of No. 16 on LIPSCOMB CLOSE.