3, MILITARY DRIVE, THATCHAM, RG19 4RZ - £321,500

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

3 MILITARY DRIVE is a large detached house of 128m², built sometime from 2007 onwards. It was last sold for £321,500 in March 2014, which was around 27% below the average March 2014 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

3 MILITARY DRIVE Sold Prices

Land registry data shows two sales for 3 MILITARY DRIVE 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 3 MILITARY DRIVE 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
2014 27 MAR	£321,500	£439,964	27% below HPI
2007 7 SEP	£334,950	£413,441	19% below HPI

3 MILITARY DRIVE 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 3 MILITARY DRIVE sales from September 2007 and March 2014 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 September 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2014 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 3 MILITARY DRIVE?

3 MILITARY DRIVE is 128m² according to the EPC inspection conducted in June 2013. This puts it in the largest 30% of detached houses in Thatcham, based on EPC data. The below chart shows the distribution of detached houses by size in Thatcham, and where 3 MILITARY DRIVE lies on this distribution: 70% of detached houses are smaller than 3 MILITARY DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Thatcham.

3 MILITARY DRIVE: Plot and Title Map

3 MILITARY DRIVE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 3 MILITARY DRIVE, 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 MILITARY DRIVE). 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 MILITARY DRIVE?

3 MILITARY DRIVE is located in THATCHAM, in the RG19 postcode district. The below map shows the position of No. 3 on MILITARY DRIVE.