4, PRESTON PLACE, NEWBURY, RG14 2SE - £411,000

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

4 PRESTON PLACE is a small extended detached house of 94m², built sometime between 1991 and 1995. It was last sold for £411,000 in January 2018, which was around 27% below the average January 2018 detached price in the West Berkshire local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

4 PRESTON PLACE Sold Prices

Land registry data shows three sales for 4 PRESTON PLACE 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. All of the three 4 PRESTON PLACE 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
2018 30 JAN	£411,000	£566,542	27% below HPI
2006 8 DEC	£275,000	£370,841	26% below HPI
2004 2 JUL	£245,000	£329,066	26% below HPI

4 PRESTON PLACE 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 4 PRESTON PLACE sales between July 2004 and January 2018 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 December 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 4 PRESTON PLACE?

4 PRESTON PLACE is 94m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 30% of detached houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses by size in Newbury, and where 4 PRESTON PLACE lies on this distribution: 20% of detached houses are smaller than 4 PRESTON PLACE, and 79% of houses are larger. Note that EPC data is not available for all properties in Newbury.

4 PRESTON PLACE: Plot and Title Map

4 PRESTON PLACE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 4 PRESTON PLACE, 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 4 PRESTON PLACE). 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 4 PRESTON PLACE?

4 PRESTON PLACE is located in NEWBURY, in the RG14 postcode district. The below map shows the position of No. 4 on PRESTON PLACE.