40, MONKS LANE, NEWBURY, RG14 7HE - £775,000

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

40 MONKS LANE is a very large extended detached house of 209m², built sometime between 1996 and 2002. It was last sold for £775,000 in April 2020, which was around 37% above the average April 2020 detached price in the West Berkshire local authority area. The most recent EPC inspection was April 2020, where the current energy rating was C, and the potential energy rating was B.

40 MONKS LANE Sold Prices

Land registry data shows three sales for 40 MONKS LANE 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 40 MONKS LANE 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
2020 30 APR	£775,000	£567,196	37% above HPI
2004 30 JAN	£460,000	£326,544	41% above HPI
1999 29 JAN	£112,500	£178,503	37% below HPI

40 MONKS LANE 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 40 MONKS LANE sales between January 1999 and April 2020 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 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the April 2020 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 40 MONKS LANE?

40 MONKS LANE is 209m², which includes one extension, according to the EPC inspection conducted in April 2020. This puts it in the largest 20% of detached houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses by size in Newbury, and where 40 MONKS LANE lies on this distribution: 90% of detached houses are smaller than 40 MONKS LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Newbury.

40 MONKS LANE: Plot and Title Map

40 MONKS LANE sits on a plot of roughly 0.203 of an acre, or 823m². The below map shows the location of 40 MONKS LANE, 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 40 MONKS LANE). 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 40 MONKS LANE?

40 MONKS LANE is located in NEWBURY, in the RG14 postcode district. The below map shows the position of No. 40 on MONKS LANE.