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
37 GRASSMEAD is a very small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £390,000 in May 2022, which was around 39% below the average May 2022 detached price in the West Berkshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 37 GRASSMEAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the five 37 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 |
---|---|---|---|
2022 13 MAY | £390,000 | £643,534 | 39% below HPI |
2019 24 JUL | £305,000 | £570,989 | 47% below HPI |
2018 16 NOV | £315,000 | £583,230 | 46% below HPI |
2002 30 MAY | £189,950 | £281,918 | 33% below HPI |
1997 5 DEC | £99,000 | £160,389 | 38% 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 five 37 GRASSMEAD sales between December 1997 and May 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 July 2019 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2022 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.
37 GRASSMEAD is 86m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% of detached houses in Thatcham, based on EPC data. The below chart shows the distribution of detached houses by size in Thatcham, and where 37 GRASSMEAD lies on this distribution: 20% of detached houses are smaller than 37 GRASSMEAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Thatcham.
37 GRASSMEAD sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 37 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 37 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.
37 GRASSMEAD is located in THATCHAM, in the RG19 postcode district. The below map shows the position of No. 37 on GRASSMEAD.