28, MONKS LANE, NEWBURY, RG14 7HE - £700,000

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

28 MONKS LANE is a large extended detached house of 167m², built sometime between 1930 and 1949. It was last sold for £700,000 in April 2022, which was around 9% above the average April 2022 detached price in the West Berkshire local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

28 MONKS LANE Sold Prices

Land registry data shows two sales for 28 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. One of the two 28 MONKS LANE 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
2022 14 APR	£700,000	£640,998	9% above HPI
1999 13 AUG	£195,000	£197,008	1% below HPI

28 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 28 MONKS LANE sales from August 1999 and April 2022 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 August 1999 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2022 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 28 MONKS LANE?

28 MONKS LANE is 167m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 30% of detached houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses by size in Newbury, and where 28 MONKS LANE lies on this distribution: 75% of detached houses are smaller than 28 MONKS LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Newbury.

28 MONKS LANE: Plot and Title Map

28 MONKS LANE sits on a plot of roughly 0.202 of an acre, or 816m². The below map shows the location of 28 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 28 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 28 MONKS LANE?

28 MONKS LANE is located in NEWBURY, in the RG14 postcode district. The below map shows the position of No. 28 on MONKS LANE.