7, NORTH FARM CLOSE, LAMBOURN, HUNGERFORD, RG17 8YU - £580,000

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 NORTH FARM CLOSE is a midsized extended detached house of 147m², built sometime between 1996 and 2002. It was last sold for £580,000 in October 2022, which was around 14% below the average October 2022 detached price in the West Berkshire local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was C.

7 NORTH FARM CLOSE Sold Prices

Land registry data shows three sales for 7 NORTH FARM CLOSE since 1^st 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. Two of the three 7 NORTH FARM CLOSE sales were for below the average price, whilst one was for above 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
2022 24 OCT	£580,000	£673,672	14% below HPI
2003 16 MAY	£315,000	£326,581	4% below HPI
1999 30 JUL	£225,000	£190,408	18% above HPI

7 NORTH FARM CLOSE 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 three 7 NORTH FARM CLOSE sales between July 1999 and October 2022 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 May 2003 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 7 NORTH FARM CLOSE?

7 NORTH FARM CLOSE is 147m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 50% of detached houses in Lambourn, based on EPC data. The below chart shows the distribution of detached houses by size in Lambourn, and where 7 NORTH FARM CLOSE lies on this distribution: 58% of detached houses are smaller than 7 NORTH FARM CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Lambourn.

7 NORTH FARM CLOSE: Plot and Title Map

7 NORTH FARM CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 7 NORTH FARM CLOSE, 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 NORTH FARM CLOSE). 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 NORTH FARM CLOSE?

7 NORTH FARM CLOSE is located in LAMBOURN, in the RG17 postcode district. The below map shows the position of No. 7 on NORTH FARM CLOSE.