2, LAUD CLOSE, NEWBURY, RG14 2SL - £522,500

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

2 LAUD CLOSE is a small extended detached house of 112m², built sometime between 1996 and 2002. It was last sold for £522,500 in August 2022, which was around 23% below the average August 2022 detached price in the West Berkshire local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

2 LAUD CLOSE Sold Prices

Land registry data shows two sales for 2 LAUD 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 2 LAUD 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
2022 19 AUG	£522,500	£677,978	23% below HPI
1996 14 AUG	£124,950	£131,903	5% below HPI

2 LAUD 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 2 LAUD CLOSE sales from August 1996 and August 2022 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 August 1996 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 2 LAUD CLOSE?

2 LAUD CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 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 2 LAUD CLOSE lies on this distribution: 36% of detached houses are smaller than 2 LAUD CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Newbury.

2 LAUD CLOSE: Plot and Title Map

2 LAUD CLOSE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 2 LAUD 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 LAUD 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 LAUD CLOSE?

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