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 MORETON MEWS is a small extended semi-detached house of 115m², built sometime between 2007 and 2011. It was last sold for £535,000 in March 2022, which was around 16% below the average March 2022 detached price in the West Berkshire local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 3 MORETON MEWS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the three 3 MORETON MEWS 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 18 MAR | £535,000 | £639,051 | 16% below HPI |
2010 29 OCT | £370,000 | £400,998 | 8% below HPI |
2009 7 MAY | £290,000 | £339,845 | 15% below HPI |
The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The three 3 MORETON MEWS sales between May 2009 and March 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 2010 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.
3 MORETON MEWS is 115m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 40% of detached houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses by size in Newbury, and where 3 MORETON MEWS lies on this distribution: 39% of detached houses are smaller than 3 MORETON MEWS, and 60% of houses are larger. Note that EPC data is not available for all properties in Newbury.
3 MORETON MEWS sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 3 MORETON MEWS, 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 MORETON MEWS). 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.
3 MORETON MEWS is located on ANDOVER ROAD in NEWBURY, in the RG14 postcode district. The below map shows the position of 3 MORETON MEWS on ANDOVER ROAD.