3, CHERRY CLOSE, NEWBURY, RG14 1LS - £247,500

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

3 CHERRY CLOSE is a small semi-detached house of 103m², built sometime between 1950 and 1966, which could now be worth an estimated £436,549. It was last sold for £247,500 in April 2010, which was around 8% above the average April 2010 semi-detached price in the West Berkshire local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was C.

3 CHERRY CLOSE Sold Prices

Land registry data shows four sales for 3 CHERRY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the West Berkshire local authority area for the corresponding sale date. Most of the four 3 CHERRY 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
2010 13 APR	£247,500	£229,926	8% above HPI
2007 8 OCT	£92,000	£251,083	63% below HPI
2004 9 JUN	£114,000	£195,985	42% below HPI
1999 19 FEB	£60,000	£99,822	40% below HPI

3 CHERRY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Berkshire local authority area over time, sourced from the HPI. The four 3 CHERRY CLOSE sales between February 1999 and April 2010 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 October 2007 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the April 2010 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 3 CHERRY CLOSE be worth now?

3 CHERRY CLOSE might now be worth an estimated £436,549.

This is based on house price inflation of 76.4%, between April 2010 and December 2024, for semi-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 76.4% inflationary increase is applied to the most recent sale price for 3 CHERRY CLOSE of £247,500 on 13th April 2010. For the value to have increased from £247,500 to £436,549 over the thirteen years and four months to December 2024, the following assumptions must hold true:

• The value of 3 CHERRY CLOSE has moved in line with the HPI for semi-detached houses in the West Berkshire local authority area.
• The April 2010 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 3 CHERRY CLOSE has not materially changed since April 2010.

How Large is 3 CHERRY CLOSE?

3 CHERRY CLOSE is 103m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% of semi-detached houses houses in Newbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newbury, and where 3 CHERRY CLOSE lies on this distribution: 28% of semi-detached houses houses are smaller than 3 CHERRY CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Newbury.

3 CHERRY CLOSE: Plot and Title Map

3 CHERRY CLOSE sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 3 CHERRY 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 3 CHERRY 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 3 CHERRY CLOSE?

3 CHERRY CLOSE is located in NEWBURY, in the RG14 postcode district. The below map shows the position of No. 3 on CHERRY CLOSE.