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
31 MEADOWSWEET CLOSE is a small detached house of 89m², built sometime between 1991 and 1995. It was last sold for £427,000 in June 2023, which was around 35% below the average June 2023 detached price in the West Berkshire local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 31 MEADOWSWEET CLOSE since 1st 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 MEADOWSWEET CLOSE 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 |
---|---|---|---|
2023 9 JUN | £427,000 | £661,862 | 35% below HPI |
2004 5 JAN | £227,000 | £326,544 | 30% below HPI |
1998 20 FEB | £107,000 | £163,689 | 35% below HPI |
1996 23 FEB | £99,950 | £124,540 | 20% 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 four 31 MEADOWSWEET CLOSE sales between February 1996 and June 2023 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 January 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2023 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.
31 MEADOWSWEET CLOSE is 89m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 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 31 MEADOWSWEET CLOSE lies on this distribution: 25% of detached houses are smaller than 31 MEADOWSWEET CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Thatcham.
31 MEADOWSWEET CLOSE sits on a plot of roughly 0.061 of an acre, or 249m². The below map shows the location of 31 MEADOWSWEET CLOSE, 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 MEADOWSWEET CLOSE). 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.
31 MEADOWSWEET CLOSE is located in THATCHAM, in the RG18 postcode district. The below map shows the position of No. 31 on MEADOWSWEET CLOSE.