7, THE FIRS, THATCHAM, RG18 3EX - £342,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 THE FIRS is a very small detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £387,833. It was last sold for £342,000 in November 2020, which was around 45% below the average November 2020 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

7 THE FIRS Sold Prices

Land registry data shows five sales for 7 THE FIRS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the five 7 THE FIRS 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
2020 27 NOV	£342,000	£620,173	45% below HPI
2014 11 APR	£249,950	£456,454	45% below HPI
2010 30 SEP	£180,000	£416,625	57% below HPI
2002 24 MAY	£152,000	£291,297	48% below HPI
2001 30 MAY	£145,000	£266,171	46% below HPI

7 THE FIRS 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 five 7 THE FIRS sales between May 2001 and November 2020 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 April 2014 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2020 sale, which was also at 45% below the HPI.

What might 7 THE FIRS be worth now?

7 THE FIRS might now be worth an estimated £387,833.

This is based on house price inflation of 13.4%, between November 2020 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 13.4% inflationary increase is applied to the most recent sale price for 7 THE FIRS of £342,000 on 27th November 2020. For the value to have increased from £342,000 to £387,833 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 THE FIRS has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The November 2020 sale price of £342,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE FIRS has not materially changed since November 2020.

How Large is 7 THE FIRS?

7 THE FIRS is 77m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% of detached houses houses in Thatcham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thatcham, and where 7 THE FIRS lies on this distribution: 12% of detached houses houses are smaller than 7 THE FIRS, and 88% of houses are larger. Note that EPC data is not available for all properties in Thatcham.

7 THE FIRS: Plot and Title Map

7 THE FIRS sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 7 THE FIRS, 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 THE FIRS). 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 THE FIRS?

7 THE FIRS is located in THATCHAM, in the RG18 postcode district. The below map shows the position of No. 7 on THE FIRS.