48, MARSTON DRIVE, NEWBURY, RG14 2SQ - £340,000

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

48 MARSTON DRIVE is a very small detached house of 86m², built sometime between 1991 and 1995. It was last sold for £340,000 in November 2019, which was around 40% below the average November 2019 detached price in the West Berkshire local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

48 MARSTON DRIVE Sold Prices

Land registry data shows three sales for 48 MARSTON DRIVE 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 48 MARSTON DRIVE 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
2019 1 NOV	£340,000	£568,745	40% below HPI
2005 19 DEC	£249,995	£335,752	26% below HPI
1995 31 JUL	£99,500	£124,241	20% below HPI

48 MARSTON DRIVE 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 48 MARSTON DRIVE sales between July 1995 and November 2019 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 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2019 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 48 MARSTON DRIVE?

48 MARSTON DRIVE is 86m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 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 48 MARSTON DRIVE lies on this distribution: 13% of detached houses are smaller than 48 MARSTON DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Newbury.

48 MARSTON DRIVE: Plot and Title Map

48 MARSTON DRIVE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 48 MARSTON DRIVE, 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 48 MARSTON DRIVE). 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 48 MARSTON DRIVE?

48 MARSTON DRIVE is located in NEWBURY, in the RG14 postcode district. The below map shows the position of No. 48 on MARSTON DRIVE.