7, FIR TREE LANE, NEWBURY, RG14 2QX - £350,000

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.

7 FIR TREE LANE is a small extended detached house of 98m², built sometime between 1930 and 1949, which could now be worth an estimated £427,698. It was last sold for £350,000 in January 2017, which was around 39% below the average January 2017 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

7 FIR TREE LANE Sold Prices

Land registry data shows four sales for 7 FIR TREE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the four 7 FIR TREE LANE 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
2017 9 JAN	£350,000	£575,523	39% below HPI
2012 29 JUN	£285,000	£419,378	32% below HPI
2003 16 OCT	£245,000	£333,488	27% below HPI
1999 26 NOV	£165,000	£216,546	24% below HPI

7 FIR TREE 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 four 7 FIR TREE LANE sales between November 1999 and January 2017 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 June 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the January 2017 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 7 FIR TREE LANE be worth now?

7 FIR TREE LANE might now be worth an estimated £427,698.

This is based on house price inflation of 22.2%, between January 2017 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 22.2% inflationary increase is applied to the most recent sale price for 7 FIR TREE LANE of £350,000 on 9th January 2017. For the value to have increased from £350,000 to £427,698 over the seven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 7 FIR TREE LANE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The January 2017 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FIR TREE LANE has not materially changed since January 2017.

How Large is 7 FIR TREE LANE?

7 FIR TREE LANE is 98m², which includes one extension, according to the EPC inspection conducted in March 2011. 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 7 FIR TREE LANE lies on this distribution: 24% of detached houses houses are smaller than 7 FIR TREE LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Newbury.

7 FIR TREE LANE: Plot and Title Map

7 FIR TREE LANE sits on a plot of roughly 0.206 of an acre, or 834m². The below map shows the location of 7 FIR TREE 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 7 FIR TREE 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 7 FIR TREE LANE?

7 FIR TREE LANE is located in NEWBURY, in the RG14 postcode district. The below map shows the position of No. 7 on FIR TREE LANE.