3, FARRIERS LANE, EAST ILSLEY, NEWBURY, RG20 7JB - £525,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 FARRIERS LANE is a very small detached house of 95m², built sometime between 1991 and 1995, which could now be worth an estimated £527,062. It was last sold for £525,000 in August 2022, which was around 25% below the average August 2022 detached price in the West Berkshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was C.

3 FARRIERS LANE Sold Prices

Land registry data shows four sales for 3 FARRIERS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the four 3 FARRIERS 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
2022 5 AUG	£525,000	£700,534	25% below HPI
2001 12 OCT	£229,000	£276,837	17% below HPI
1997 26 SEP	£144,950	£162,320	11% below HPI
1995 20 JAN	£121,000	£130,323	7% below HPI

3 FARRIERS 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 four 3 FARRIERS LANE sales between January 1995 and August 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 October 2001 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 3 FARRIERS LANE be worth now?

3 FARRIERS LANE might now be worth an estimated £527,062.

This is based on house price inflation of 0.4%, between August 2022 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 0.4% inflationary increase is applied to the most recent sale price for 3 FARRIERS LANE of £525,000 on 5th August 2022. For the value to have increased from £525,000 to £527,062 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 3 FARRIERS LANE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The August 2022 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FARRIERS LANE has not materially changed since August 2022.

How Large is 3 FARRIERS LANE?

3 FARRIERS LANE is 95m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% of detached houses houses in East Ilsley, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Ilsley, and where 3 FARRIERS LANE lies on this distribution: 19% of detached houses houses are smaller than 3 FARRIERS LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in East Ilsley.

3 FARRIERS LANE: Plot and Title Map

3 FARRIERS LANE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 3 FARRIERS 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 3 FARRIERS 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 3 FARRIERS LANE?

3 FARRIERS LANE is located in EAST ILSLEY, in the RG20 postcode district. The below map shows the position of No. 3 on FARRIERS LANE.