37, GRASSMEAD, THATCHAM, RG19 4FP - £390,000

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.

37 GRASSMEAD is a small detached house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £412,488. It was last sold for £390,000 in May 2022, which was around 41% 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.

37 GRASSMEAD Sold Prices

Land registry data shows five sales for 37 GRASSMEAD since 1^st 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	£664,944	41% below HPI
2019 24 JUL	£305,000	£589,986	48% below HPI
2018 16 NOV	£315,000	£602,634	48% below HPI
2002 30 MAY	£189,950	£291,297	35% below HPI
1997 5 DEC	£99,000	£165,725	40% below HPI

37 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 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 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the May 2022 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 37 GRASSMEAD be worth now?

37 GRASSMEAD might now be worth an estimated £412,488.

This is based on house price inflation of 5.8%, between May 2022 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 5.8% inflationary increase is applied to the most recent sale price for 37 GRASSMEAD of £390,000 on 13th May 2022. For the value to have increased from £390,000 to £412,488 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 37 GRASSMEAD has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The May 2022 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 37 GRASSMEAD has not materially changed since May 2022.

How Large is 37 GRASSMEAD?

37 GRASSMEAD is 86m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 30% 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 37 GRASSMEAD lies on this distribution: 20% of detached houses houses are smaller than 37 GRASSMEAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Thatcham.

37 GRASSMEAD: Plot and Title Map

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.

Where is 37 GRASSMEAD?

37 GRASSMEAD is located in THATCHAM, in the RG19 postcode district. The below map shows the position of No. 37 on GRASSMEAD.