31, GRASSMEAD, THATCHAM, RG19 4FP - £353,000

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.

31 GRASSMEAD is a very small detached house of 81m², built sometime between 1983 and 1990, which could now be worth an estimated £410,503. It was last sold for £353,000 in June 2021, which was around 42% below the average June 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

31 GRASSMEAD Sold Prices

Land registry data shows four sales for 31 GRASSMEAD 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 31 GRASSMEAD 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
2021 23 JUN	£353,000	£604,769	42% below HPI
2016 26 JUL	£355,000	£562,873	37% below HPI
2012 31 MAY	£243,000	£410,556	41% below HPI
1996 29 FEB	£75,000	£128,684	42% below HPI

31 GRASSMEAD 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 31 GRASSMEAD sales between February 1996 and June 2021 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 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2021 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 31 GRASSMEAD be worth now?

31 GRASSMEAD might now be worth an estimated £410,503.

This is based on house price inflation of 16.3%, between June 2021 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 16.3% inflationary increase is applied to the most recent sale price for 31 GRASSMEAD of £353,000 on 23rd June 2021. For the value to have increased from £353,000 to £410,503 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 31 GRASSMEAD has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The June 2021 sale price of £353,000 represented a fair market value for the property.
• The size, condition, and specification of 31 GRASSMEAD has not materially changed since June 2021.

How Large is 31 GRASSMEAD?

31 GRASSMEAD is 81m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 20% of detached houses houses in Thatcham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thatcham, and where 31 GRASSMEAD lies on this distribution: 15% of detached houses houses are smaller than 31 GRASSMEAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Thatcham.

31 GRASSMEAD: Plot and Title Map

31 GRASSMEAD sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 31 GRASSMEAD, 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 31 GRASSMEAD). 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 31 GRASSMEAD?

31 GRASSMEAD is located in THATCHAM, in the RG19 postcode district. The below map shows the position of No. 31 on GRASSMEAD.