2, FARMHOUSE MEWS, THATCHAM, RG18 4NW - £495,000

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 FARMHOUSE MEWS is a midsized detached house of 109m², built sometime between 2003 and 2006, which could now be worth an estimated £575,635. It was last sold for £495,000 in June 2021, which was around 18% below the average June 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

2 FARMHOUSE MEWS Sold Prices

Land registry data shows two sales for 2 FARMHOUSE MEWS 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 2 FARMHOUSE MEWS 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
2021 24 JUN	£495,000	£604,769	18% below HPI
2007 20 APR	£325,000	£392,696	17% below HPI

2 FARMHOUSE MEWS 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 2 FARMHOUSE MEWS sales from April 2007 and June 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 April 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 FARMHOUSE MEWS be worth now?

2 FARMHOUSE MEWS might now be worth an estimated £575,635.

This is based on house price inflation of 16.3%, between June 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 16.3% inflationary increase is applied to the most recent sale price for 2 FARMHOUSE MEWS of £495,000 on 24th June 2021. For the value to have increased from £495,000 to £575,635 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 2 FARMHOUSE MEWS has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The June 2021 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FARMHOUSE MEWS has not materially changed since June 2021.

How Large is 2 FARMHOUSE MEWS?

2 FARMHOUSE MEWS is 109m² according to the EPC inspection conducted in March 2021. This puts it in the largest 50% of detached houses houses in Thatcham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thatcham, and where 2 FARMHOUSE MEWS lies on this distribution: 49% of detached houses houses are smaller than 2 FARMHOUSE MEWS, and 50% of houses are larger. Note that EPC data is not available for all properties in Thatcham.

2 FARMHOUSE MEWS: Plot and Title Map

2 FARMHOUSE MEWS sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 2 FARMHOUSE MEWS, 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 FARMHOUSE MEWS). 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 FARMHOUSE MEWS?

2 FARMHOUSE MEWS is located in THATCHAM, in the RG18 postcode district. The below map shows the position of No. 2 on FARMHOUSE MEWS.