1B, LARCH CLOSE, SPEEN, NEWBURY, RG14 1UY - £335,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1B LARCH CLOSE is a small detached house of 112m², built sometime between 1983 and 1990, which could now be worth an estimated £473,887. It was last sold for £335,000 in December 2014, which was around 33% below the average December 2014 detached price in the West Berkshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

1B LARCH CLOSE Sold Prices

Land registry data shows two sales for 1B LARCH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two 1B LARCH CLOSE 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
2014 18 DEC	£335,000	£497,166	33% below HPI
1999 25 JUN	£155,000	£193,798	20% below HPI

1B LARCH 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 two 1B LARCH CLOSE sales from June 1999 and December 2014 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 June 1999 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 1B LARCH CLOSE be worth now?

1B LARCH CLOSE might now be worth an estimated £473,887.

This is based on house price inflation of 41.5%, between December 2014 and February 2025, 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 41.5% inflationary increase is applied to the most recent sale price for 1B LARCH CLOSE of £335,000 on 18th December 2014. For the value to have increased from £335,000 to £473,887 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 1B LARCH CLOSE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The December 2014 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 1B LARCH CLOSE has not materially changed since December 2014.

How Large is 1B LARCH CLOSE?

1B LARCH CLOSE is 112m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 40% 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 1B LARCH CLOSE lies on this distribution: 36% of detached houses houses are smaller than 1B LARCH CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Newbury.

1B LARCH CLOSE: Plot and Title Map

1B LARCH CLOSE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 1B LARCH 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 1B LARCH 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 1B LARCH CLOSE?

1B LARCH CLOSE is located in SPEEN, in the RG14 postcode district. The below map shows the position of No. 1B on LARCH CLOSE.