2, SPEEN PLACE, SPEEN, NEWBURY, RG14 1RX - £275,000

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 SPEEN PLACE is a small detached house of 115m², built sometime between 1976 and 1982, which could now be worth an estimated £663,939. It was last sold for £275,000 in May 2002, which was around 6% below the average May 2002 detached price in the West Berkshire local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

2 SPEEN PLACE Sold Prices

Land registry data shows two sales for 2 SPEEN PLACE 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 SPEEN PLACE 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
2002 31 MAY	£275,000	£291,297	6% below HPI
1998 29 MAY	£162,000	£166,014	2% below HPI

2 SPEEN 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 two 2 SPEEN PLACE sales from May 1998 and May 2002 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 1998 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2002 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 2 SPEEN PLACE be worth now?

2 SPEEN PLACE might now be worth an estimated £663,939.

This is based on house price inflation of 141.4%, between May 2002 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 141.4% inflationary increase is applied to the most recent sale price for 2 SPEEN PLACE of £275,000 on 31st May 2002. For the value to have increased from £275,000 to £663,939 over the 23 years and three months to February 2025, the following assumptions must hold true:

• The value of 2 SPEEN PLACE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The May 2002 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPEEN PLACE has not materially changed since May 2002.

How Large is 2 SPEEN PLACE?

2 SPEEN PLACE is 115m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 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 SPEEN PLACE lies on this distribution: 39% of detached houses houses are smaller than 2 SPEEN PLACE, and 60% of houses are larger. Note that EPC data is not available for all properties in Newbury.

2 SPEEN PLACE: Plot and Title Map

2 SPEEN PLACE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 2 SPEEN 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 SPEEN 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 SPEEN PLACE?

2 SPEEN PLACE is located in SPEEN, in the RG14 postcode district. The below map shows the position of No. 2 on SPEEN PLACE.