37, LIPSCOMB CLOSE, HERMITAGE, THATCHAM, RG18 9SZ - £695,000

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 LIPSCOMB CLOSE is a very large extended detached house of 215m², built sometime between 1976 and 1982, which could now be worth an estimated £808,215. It was last sold for £695,000 in June 2021, which was around 15% above the average June 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was C.

37 LIPSCOMB CLOSE Sold Prices

Land registry data shows three sales for 37 LIPSCOMB CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Two of the three 37 LIPSCOMB CLOSE sales were for above the average price, whilst one was 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 29 JUN	£695,000	£604,769	15% above HPI
2014 27 AUG	£439,000	£471,654	7% below HPI
2004 21 JUL	£370,000	£340,014	9% above HPI

37 LIPSCOMB CLOSE 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 three 37 LIPSCOMB CLOSE sales between July 2004 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 August 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 37 LIPSCOMB CLOSE be worth now?

37 LIPSCOMB CLOSE might now be worth an estimated £808,215.

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 37 LIPSCOMB CLOSE of £695,000 on 29th June 2021. For the value to have increased from £695,000 to £808,215 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 37 LIPSCOMB CLOSE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The June 2021 sale price of £695,000 represented a fair market value for the property.
• The size, condition, and specification of 37 LIPSCOMB CLOSE has not materially changed since June 2021.

How Large is 37 LIPSCOMB CLOSE?

37 LIPSCOMB CLOSE is 215m², which includes four extensions, according to the EPC inspection conducted in February 2021. This puts it in the largest 20% of detached houses houses in Hermitage, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hermitage, and where 37 LIPSCOMB CLOSE lies on this distribution: 84% of detached houses houses are smaller than 37 LIPSCOMB CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Hermitage.

37 LIPSCOMB CLOSE: Plot and Title Map

37 LIPSCOMB CLOSE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 37 LIPSCOMB 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 37 LIPSCOMB 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.

Where is 37 LIPSCOMB CLOSE?

37 LIPSCOMB CLOSE is located in HERMITAGE, in the RG18 postcode district. The below map shows the position of No. 37 on LIPSCOMB CLOSE.