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
4A ROMAN WAY is a very small extended detached house of 84m², built sometime between 1983 and 1990. It was last sold for £412,500 in March 2023, which was around 40% below the average March 2023 detached price in the West Berkshire local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 4A ROMAN WAY since 1st 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 4A ROMAN WAY 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 |
---|---|---|---|
2023 14 MAR | £412,500 | £682,783 | 40% below HPI |
2004 19 FEB | £185,000 | £323,995 | 43% below HPI |
1999 17 NOV | £125,000 | £209,573 | 40% below HPI |
The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The three 4A ROMAN WAY sales between November 1999 and March 2023 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 February 2004 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2023 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.
4A ROMAN WAY is 84m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the smallest 20% of detached houses in Thatcham, based on EPC data. The below chart shows the distribution of detached houses by size in Thatcham, and where 4A ROMAN WAY lies on this distribution: 18% of detached houses are smaller than 4A ROMAN WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Thatcham.
4A ROMAN WAY sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 4A ROMAN WAY, 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 4A ROMAN WAY). 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.
4A ROMAN WAY is located in THATCHAM, in the RG18 postcode district. The below map shows the position of No. 4A on ROMAN WAY.