25, LIPSCOMB CLOSE, HERMITAGE, THATCHAM, RG18 9SZ - £582,500

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

25 LIPSCOMB CLOSE is a small detached house of 123m², built sometime between 1976 and 1982, which could now be worth an estimated £631,855. It was last sold for £582,500 in October 2021, which was around 10% below the average October 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

25 LIPSCOMB CLOSE Sold Prices

Land registry data shows three sales for 25 LIPSCOMB 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. All of the three 25 LIPSCOMB CLOSE 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
2021 5 OCT	£582,500	£648,351	10% below HPI
2013 16 JAN	£405,000	£432,287	6% below HPI
2002 10 JUL	£277,000	£300,286	8% below HPI

25 LIPSCOMB 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 25 LIPSCOMB CLOSE sales between July 2002 and October 2021 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 January 2013 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 25 LIPSCOMB CLOSE be worth now?

25 LIPSCOMB CLOSE might now be worth an estimated £631,855.

This is based on house price inflation of 8.5%, between October 2021 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 8.5% inflationary increase is applied to the most recent sale price for 25 LIPSCOMB CLOSE of £582,500 on 5th October 2021. For the value to have increased from £582,500 to £631,855 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 25 LIPSCOMB CLOSE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The October 2021 sale price of £582,500 represented a fair market value for the property.
• The size, condition, and specification of 25 LIPSCOMB CLOSE has not materially changed since October 2021.

How Large is 25 LIPSCOMB CLOSE?

25 LIPSCOMB CLOSE is 123m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 30% of detached houses houses in Hermitage, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hermitage, and where 25 LIPSCOMB CLOSE lies on this distribution: 28% of detached houses houses are smaller than 25 LIPSCOMB CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Hermitage.

25 LIPSCOMB CLOSE: Plot and Title Map

25 LIPSCOMB CLOSE sits on a plot of roughly 0.149 of an acre, or 605m². The below map shows the location of 25 LIPSCOMB 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 25 LIPSCOMB 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 25 LIPSCOMB CLOSE?

25 LIPSCOMB CLOSE is located in HERMITAGE, in the RG18 postcode district. The below map shows the position of No. 25 on LIPSCOMB CLOSE.