2, SOUTHBANK GARDENS, LAMBOURN, HUNGERFORD, RG17 7LW - £380,000

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 SOUTHBANK GARDENS is a very large extended detached house of 198m², built sometime between 1991 and 1995, which could now be worth an estimated £786,255. It was last sold for £380,000 in August 2003, which was around 13% above the average August 2003 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was C.

2 SOUTHBANK GARDENS Sold Prices

Land registry data shows two sales for 2 SOUTHBANK GARDENS 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 SOUTHBANK GARDENS sales were for 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
2003 29 AUG	£380,000	£335,420	13% above HPI
1995 9 NOV	£194,500	£130,086	50% above HPI

2 SOUTHBANK GARDENS 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 SOUTHBANK GARDENS sales from November 1995 and August 2003 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 November 1995 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the August 2003 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 2 SOUTHBANK GARDENS be worth now?

2 SOUTHBANK GARDENS might now be worth an estimated £786,255.

This is based on house price inflation of 106.9%, between August 2003 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 106.9% inflationary increase is applied to the most recent sale price for 2 SOUTHBANK GARDENS of £380,000 on 29th August 2003. For the value to have increased from £380,000 to £786,255 over the twenty years and eight months to December 2024, the following assumptions must hold true:

• The value of 2 SOUTHBANK GARDENS has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The August 2003 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SOUTHBANK GARDENS has not materially changed since August 2003.

How Large is 2 SOUTHBANK GARDENS?

2 SOUTHBANK GARDENS is 198m², which includes two extensions, according to the EPC inspection conducted in March 2024. This puts it in the largest 20% of detached houses houses in Lambourn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lambourn, and where 2 SOUTHBANK GARDENS lies on this distribution: 82% of detached houses houses are smaller than 2 SOUTHBANK GARDENS, and 18% of houses are larger. Note that EPC data is not available for all properties in Lambourn.

2 SOUTHBANK GARDENS: Plot and Title Map

2 SOUTHBANK GARDENS sits on a plot of roughly 0.455 of an acre, or 1,841m². The below map shows the location of 2 SOUTHBANK GARDENS, 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 SOUTHBANK GARDENS). 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 SOUTHBANK GARDENS?

2 SOUTHBANK GARDENS is located in LAMBOURN, in the RG17 postcode district. The below map shows the position of No. 2 on SOUTHBANK GARDENS.