48, NEW ROAD, NEWBURY, RG14 7RU - £450,000

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.

48 NEW ROAD is a small extended detached house of 101m², built sometime between 1967 and 1975, which could now be worth an estimated £538,533. It was last sold for £450,000 in November 2019, which was around 23% below the average November 2019 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

48 NEW ROAD Sold Prices

Land registry data shows two sales for 48 NEW ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two 48 NEW ROAD 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 29 NOV	£450,000	£587,667	23% below HPI
2017 6 OCT	£393,500	£596,311	34% below HPI

48 NEW ROAD 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 two 48 NEW ROAD sales from October 2017 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 October 2017 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2019 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 48 NEW ROAD be worth now?

48 NEW ROAD might now be worth an estimated £538,533.

This is based on house price inflation of 19.7%, between November 2019 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 19.7% inflationary increase is applied to the most recent sale price for 48 NEW ROAD of £450,000 on 29th November 2019. For the value to have increased from £450,000 to £538,533 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 48 NEW ROAD has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The November 2019 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 48 NEW ROAD has not materially changed since November 2019.

How Large is 48 NEW ROAD?

48 NEW ROAD is 101m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% of detached houses houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newbury, and where 48 NEW ROAD lies on this distribution: 26% of detached houses houses are smaller than 48 NEW ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Newbury.

48 NEW ROAD: Plot and Title Map

48 NEW ROAD sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 48 NEW ROAD, 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 NEW ROAD). 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 NEW ROAD?

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