241, LOWER WAY, THATCHAM, RG19 3TP - £680,000

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

241 LOWER WAY is a very large extended detached house of 154m², built sometime between 1930 and 1949. It was last sold for £680,000 in May 2024, which was around 2% above the average May 2024 detached price in the West Berkshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was C.

241 LOWER WAY Sold Prices

Land registry data shows two sales for 241 LOWER WAY 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. One of the two 241 LOWER WAY sales was for above the average price, whilst the other was 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
2024 9 MAY	£680,000	£665,175	2% above HPI
2018 13 MAR	£505,000	£568,242	11% below HPI

241 LOWER WAY 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 241 LOWER WAY sales from March 2018 and May 2024 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 March 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2024 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 241 LOWER WAY?

241 LOWER WAY is 154m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the largest 20% of detached houses in Thatcham, based on EPC data. The below chart shows the distribution of detached houses by size in Thatcham, and where 241 LOWER WAY lies on this distribution: 87% of detached houses are smaller than 241 LOWER WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Thatcham.

241 LOWER WAY: Plot and Title Map

241 LOWER WAY sits on a plot of roughly 0.322 of an acre, or 1,301m². The below map shows the location of 241 LOWER WAY, 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 241 LOWER WAY). 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 241 LOWER WAY?

241 LOWER WAY is located in THATCHAM, in the RG19 postcode district. The below map shows the position of No. 241 on LOWER WAY.