2, CHEVIOT CLOSE, NEWBURY, RG14 6SQ - £515,000

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.

2 CHEVIOT CLOSE is a large extended detached house of 154m², built sometime between 1967 and 1975, which could now be worth an estimated £595,494. It was last sold for £515,000 in January 2021, which was around 15% below the average January 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was C.

2 CHEVIOT CLOSE Sold Prices

Land registry data shows five sales for 2 CHEVIOT 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. The five 2 CHEVIOT CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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	£515,000	£608,221	15% below HPI
2013 14 JUN	£339,000	£442,902	23% below HPI
2005 7 APR	£310,000	£345,877	10% below HPI
2004 29 OCT	£350,000	£350,929	Close to HPI
1999 30 APR	£190,000	£188,397	1% above HPI

2 CHEVIOT 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 2 CHEVIOT CLOSE sales between April 1999 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 June 2013 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 CHEVIOT CLOSE be worth now?

2 CHEVIOT CLOSE might now be worth an estimated £595,494.

This is based on house price inflation of 15.6%, between January 2021 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 15.6% inflationary increase is applied to the most recent sale price for 2 CHEVIOT CLOSE of £515,000 on 7th January 2021. For the value to have increased from £515,000 to £595,494 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 CHEVIOT CLOSE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The January 2021 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHEVIOT CLOSE has not materially changed since January 2021.

How Large is 2 CHEVIOT CLOSE?

2 CHEVIOT CLOSE is 154m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the largest 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 2 CHEVIOT CLOSE lies on this distribution: 68% of detached houses houses are smaller than 2 CHEVIOT CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Newbury.

2 CHEVIOT CLOSE: Plot and Title Map

2 CHEVIOT CLOSE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 2 CHEVIOT 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 2 CHEVIOT 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 2 CHEVIOT CLOSE?

2 CHEVIOT CLOSE is located in NEWBURY, in the RG14 postcode district. The below map shows the position of No. 2 on CHEVIOT CLOSE.