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
18 GORSELANDS is a large extended detached house of 149m², built sometime between 1967 and 1975. It was last sold for £650,500 in January 2021, which was around 11% above the average January 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 18 GORSELANDS 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 18 GORSELANDS 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 7 JAN | £650,500 | £588,637 | 11% above HPI |
2007 11 SEP | £445,000 | £413,441 | 8% above HPI |
2005 12 APR | £415,000 | £334,741 | 24% above HPI |
1998 17 JUL | £190,000 | £169,826 | 12% 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 four 18 GORSELANDS sales between July 1998 and January 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 September 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the January 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.
18 GORSELANDS is 149m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 40% of detached houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses by size in Newbury, and where 18 GORSELANDS lies on this distribution: 65% of detached houses are smaller than 18 GORSELANDS, and 34% of houses are larger. Note that EPC data is not available for all properties in Newbury.
18 GORSELANDS sits on a plot of roughly 0.169 of an acre, or 686m². The below map shows the location of 18 GORSELANDS, 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 18 GORSELANDS). 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.
18 GORSELANDS is located in NEWBURY, in the RG14 postcode district. The below map shows the position of No. 18 on GORSELANDS.