25, MONKS LANE, NEWBURY, RG14 7HE - £467,000

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

25 MONKS LANE is a midsized extended detached house of 124m², built sometime between 1950 and 1966. It was last sold for £467,000 in November 2018, which was around 20% below the average November 2018 detached price in the West Berkshire local authority area. The most recent EPC inspection was April 2018, where the current energy rating was G, and the potential energy rating was D.

25 MONKS LANE Sold Prices

Land registry data shows two sales for 25 MONKS LANE 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 25 MONKS LANE 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
2018 16 NOV	£467,000	£583,230	20% below HPI
2008 1 MAY	£390,000	£394,414	1% below HPI

25 MONKS LANE 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 25 MONKS LANE sales from May 2008 and November 2018 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 2008 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 25 MONKS LANE?

25 MONKS LANE is 124m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the smallest 50% of detached houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses by size in Newbury, and where 25 MONKS LANE lies on this distribution: 46% of detached houses are smaller than 25 MONKS LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Newbury.

25 MONKS LANE: Plot and Title Map

25 MONKS LANE sits on a plot of roughly 0.223 of an acre, or 901m². The below map shows the location of 25 MONKS LANE, 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 MONKS LANE). 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 MONKS LANE?

25 MONKS LANE is located in NEWBURY, in the RG14 postcode district. The below map shows the position of No. 25 on MONKS LANE.