3, THE PARK, LAMBOURN, HUNGERFORD, RG17 8QQ - £375,000

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 THE PARK is a midsized detached house of 143m², built sometime between 1967 and 1975, which could now be worth an estimated £489,483. It was last sold for £375,000 in September 2015, which was around 29% below the average September 2015 detached price in the West Berkshire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

3 THE PARK Sold Prices

Land registry data shows four sales for 3 THE PARK 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 THE PARK 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
2015 18 SEP	£375,000	£531,695	29% below HPI
2007 31 JUL	£345,000	£412,732	16% below HPI
2000 29 NOV	£190,000	£252,468	25% below HPI
1997 7 FEB	£122,000	£140,795	13% below HPI

3 THE PARK 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 THE PARK sales between February 1997 and September 2015 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 July 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2015 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 3 THE PARK be worth now?

3 THE PARK might now be worth an estimated £489,483.

This is based on house price inflation of 30.5%, between September 2015 and December 2024, 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 30.5% inflationary increase is applied to the most recent sale price for 3 THE PARK of £375,000 on 18th September 2015. For the value to have increased from £375,000 to £489,483 over the eight years and nine months to December 2024, the following assumptions must hold true:

• The value of 3 THE PARK has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The September 2015 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE PARK has not materially changed since September 2015.

How Large is 3 THE PARK?

3 THE PARK is 143m² according to the EPC inspection conducted in April 2014. This puts it in the largest 50% of detached houses houses in Lambourn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lambourn, and where 3 THE PARK lies on this distribution: 55% of detached houses houses are smaller than 3 THE PARK, and 45% of houses are larger. Note that EPC data is not available for all properties in Lambourn.

3 THE PARK: Plot and Title Map

3 THE PARK sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 3 THE PARK, 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 THE PARK). 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 THE PARK?

3 THE PARK is located in LAMBOURN, in the RG17 postcode district. The below map shows the position of No. 3 on THE PARK.