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
24 OAKLEY ROAD is a very small semi-detached house of 83m², built sometime between 1950 and 1966. It was last sold for £340,000 in September 2023, which was around 49% below the average September 2023 detached price in the West Berkshire local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 24 OAKLEY ROAD since 1st 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. All of the three 24 OAKLEY ROAD 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 |
---|---|---|---|
2023 15 SEP | £340,000 | £670,840 | 49% below HPI |
2014 4 APR | £220,000 | £441,757 | 50% below HPI |
2000 30 NOV | £93,000 | £244,339 | 62% below HPI |
The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The three 24 OAKLEY ROAD sales between November 2000 and September 2023 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 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the September 2023 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.
24 OAKLEY ROAD is 83m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses by size in Newbury, and where 24 OAKLEY ROAD lies on this distribution: 10% of detached houses are smaller than 24 OAKLEY ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Newbury.
24 OAKLEY ROAD sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 24 OAKLEY ROAD, 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 24 OAKLEY ROAD). 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.
24 OAKLEY ROAD is located in NEWBURY, in the RG14 postcode district. The below map shows the position of No. 24 on OAKLEY ROAD.