2, PRIORY PLACE, GREENHAM, THATCHAM, RG19 8XT - £582,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 PRIORY PLACE is a large extended detached house of 155m², built sometime between 1996 and 2002, which could now be worth an estimated £695,356. It was last sold for £582,000 in March 2020, which was about the average March 2020 detached price in the West Berkshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

2 PRIORY PLACE Sold Prices

Land registry data shows five sales for 2 PRIORY PLACE 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 PRIORY PLACE sales were a mix of roughly equal to the average price, above the average price, and 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
2020 20 MAR	£582,000	£580,878	Close to HPI
2017 19 MAY	£532,500	£579,690	8% below HPI
2007 14 FEB	£385,000	£390,820	1% below HPI
2001 14 DEC	£285,000	£283,836	Close to HPI
1999 20 MAY	£205,000	£190,032	8% above HPI

2 PRIORY PLACE 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 PRIORY PLACE sales between May 1999 and March 2020 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 May 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 2 PRIORY PLACE be worth now?

2 PRIORY PLACE might now be worth an estimated £695,356.

This is based on house price inflation of 19.5%, between March 2020 and December 2024, 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 19.5% inflationary increase is applied to the most recent sale price for 2 PRIORY PLACE of £582,000 on 20th March 2020. For the value to have increased from £582,000 to £695,356 over the three years and three months to December 2024, the following assumptions must hold true:

• The value of 2 PRIORY PLACE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The March 2020 sale price of £582,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PRIORY PLACE has not materially changed since March 2020.

How Large is 2 PRIORY PLACE?

2 PRIORY PLACE is 155m², which includes one extension, according to the EPC inspection conducted in August 2016. 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 PRIORY PLACE lies on this distribution: 69% of detached houses houses are smaller than 2 PRIORY PLACE, and 31% of houses are larger. Note that EPC data is not available for all properties in Newbury.

2 PRIORY PLACE: Plot and Title Map

2 PRIORY PLACE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 2 PRIORY PLACE, 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 PRIORY PLACE). 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 PRIORY PLACE?

2 PRIORY PLACE is located in GREENHAM, in the RG19 postcode district. The below map shows the position of No. 2 on PRIORY PLACE.