7, PEAR TREE LANE, NEWBURY, RG14 2LU - £250,000

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 PEAR TREE LANE is a very small detached house of 93m², built sometime between 1967 and 1975. It was last sold for £250,000 in August 2009, which was around 30% below the average August 2009 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was D.

7 PEAR TREE LANE Sold Prices

Land registry data shows two sales for 7 PEAR TREE LANE since 1^st 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 PEAR 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
2009 7 AUG	£250,000	£358,928	30% below HPI
1996 2 OCT	£90,000	£130,401	31% below HPI

7 PEAR 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 two 7 PEAR TREE LANE sales from October 1996 and August 2009 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 October 1996 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2009 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 7 PEAR TREE LANE?

7 PEAR TREE LANE is 93m² according to the EPC inspection conducted in March 2009. 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 PEAR TREE LANE lies on this distribution: 20% of detached houses are smaller than 7 PEAR TREE LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Newbury.

7 PEAR TREE LANE: Plot and Title Map

7 PEAR TREE LANE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 7 PEAR 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 PEAR 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 PEAR TREE LANE?

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