2, STEPHENSON CLOSE, THATCHAM, RG18 3GD - £530,000

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 STEPHENSON CLOSE is a very large extended detached house of 171m², built sometime from 2007 onwards, which could now be worth an estimated £627,188. It was last sold for £530,000 in May 2019, which was around 10% below the average May 2019 detached price in the West Berkshire local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

2 STEPHENSON CLOSE Sold Prices

Land registry data shows three sales for 2 STEPHENSON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Two of the three 2 STEPHENSON CLOSE sales were for below the average price, whilst one was 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
2019 15 MAY	£530,000	£586,472	10% below HPI
2014 11 APR	£450,000	£456,454	1% below HPI
2006 18 AUG	£387,500	£374,466	3% above HPI

2 STEPHENSON 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 three 2 STEPHENSON CLOSE sales between August 2006 and May 2019 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 2014 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2019 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 2 STEPHENSON CLOSE be worth now?

2 STEPHENSON CLOSE might now be worth an estimated £627,188.

This is based on house price inflation of 18.3%, between May 2019 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 18.3% inflationary increase is applied to the most recent sale price for 2 STEPHENSON CLOSE of £530,000 on 15th May 2019. For the value to have increased from £530,000 to £627,188 over the four years and five months to December 2024, the following assumptions must hold true:

• The value of 2 STEPHENSON CLOSE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The May 2019 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 2 STEPHENSON CLOSE has not materially changed since May 2019.

How Large is 2 STEPHENSON CLOSE?

2 STEPHENSON CLOSE is 171m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 10% 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 STEPHENSON CLOSE lies on this distribution: 93% of detached houses houses are smaller than 2 STEPHENSON CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Thatcham.

2 STEPHENSON CLOSE: Plot and Title Map

2 STEPHENSON CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 2 STEPHENSON 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 STEPHENSON 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 STEPHENSON CLOSE?

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