7, THE OLD NURSERY, HERMITAGE, THATCHAM, RG18 9WE - £485,000

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 THE OLD NURSERY is a midsized extended detached house of 152m², built sometime from 2007 onwards. It was last sold for £485,000 in May 2014, which was around 8% above the average May 2014 detached price in the West Berkshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

7 THE OLD NURSERY Sold Prices

Land registry data shows three sales for 7 THE OLD NURSERY 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 THE OLD NURSERY sales were for above the average price, whilst one was 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
2014 2 MAY	£485,000	£447,943	8% above HPI
2009 29 MAY	£415,000	£339,845	22% above HPI
2008 15 DEC	£110,000	£359,729	69% below HPI

7 THE OLD NURSERY 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 THE OLD NURSERY sales between December 2008 and May 2014 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 2009 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2014 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 7 THE OLD NURSERY?

7 THE OLD NURSERY is 152m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 50% of detached houses in Hermitage, based on EPC data. The below chart shows the distribution of detached houses by size in Hermitage, and where 7 THE OLD NURSERY lies on this distribution: 50% of detached houses are smaller than 7 THE OLD NURSERY, and 49% of houses are larger. Note that EPC data is not available for all properties in Hermitage.

7 THE OLD NURSERY: Plot and Title Map

7 THE OLD NURSERY sits on a plot of roughly 0.181 of an acre, or 734m². The below map shows the location of 7 THE OLD NURSERY, 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 OLD NURSERY). 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 OLD NURSERY?

7 THE OLD NURSERY is located in HERMITAGE, in the RG18 postcode district. The below map shows the position of No. 7 on THE OLD NURSERY.