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
53 PADDOCK ROAD is a small extended detached house of 96m², built sometime between 1950 and 1966. It was last sold for £565,000 in January 2023, which was around 17% below the average January 2023 detached price in the West Berkshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 53 PADDOCK ROAD since 1st 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 53 PADDOCK 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 |
---|---|---|---|
2023 27 JAN | £565,000 | £681,792 | 17% below HPI |
2017 21 APR | £325,000 | £554,885 | 41% 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 two 53 PADDOCK ROAD sales from April 2017 and January 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 April 2017 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the January 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.
53 PADDOCK ROAD is 96m², which includes two extensions, according to the EPC inspection conducted in September 2022. 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 53 PADDOCK ROAD lies on this distribution: 22% of detached houses are smaller than 53 PADDOCK ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Newbury.
53 PADDOCK ROAD sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 53 PADDOCK 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 53 PADDOCK 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.
53 PADDOCK ROAD is located in NEWBURY, in the RG14 postcode district. The below map shows the position of No. 53 on PADDOCK ROAD.