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
7 FRIARS ROAD is a very small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £412,500 in June 2021, which was around 30% below the average June 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 7 FRIARS ROAD 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 7 FRIARS 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 |
---|---|---|---|
2021 28 JUN | £412,500 | £585,297 | 30% below HPI |
2017 6 JUL | £350,000 | £567,695 | 38% below HPI |
2007 13 JUL | £246,000 | £399,442 | 38% 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 7 FRIARS ROAD sales between July 2007 and June 2021 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 July 2017 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
7 FRIARS ROAD is 84m² according to the EPC inspection conducted in March 2021. 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 7 FRIARS ROAD lies on this distribution: 11% of detached houses are smaller than 7 FRIARS ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Newbury.
7 FRIARS ROAD sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 7 FRIARS 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 7 FRIARS 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.
7 FRIARS ROAD is located in NEWBURY, in the RG14 postcode district. The below map shows the position of No. 7 on FRIARS ROAD.