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 HENWICK LANE is a midsized extended detached house of 107m², built sometime between 1900 and 1929. It was last sold for £350,000 in April 2023, which was around 48% below the average April 2023 detached price in the West Berkshire local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 7 HENWICK LANE 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 7 HENWICK 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 |
---|---|---|---|
2023 14 APR | £350,000 | £676,066 | 48% below HPI |
2011 27 JAN | £250,000 | £405,544 | 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 two 7 HENWICK LANE sales from January 2011 and April 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 January 2011 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2023 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.
7 HENWICK LANE is 107m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the smallest 50% of detached houses in Thatcham, based on EPC data. The below chart shows the distribution of detached houses by size in Thatcham, and where 7 HENWICK LANE lies on this distribution: 46% of detached houses are smaller than 7 HENWICK LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Thatcham.
7 HENWICK LANE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 7 HENWICK 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 HENWICK 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.
7 HENWICK LANE is located in THATCHAM, in the RG18 postcode district. The below map shows the position of No. 7 on HENWICK LANE.