7, WALLIS GARDENS, NEWBURY, RG14 7SF - £425,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 WALLIS GARDENS is a very small detached house of 88m², built sometime between 2003 and 2006, which could now be worth an estimated £452,529. It was last sold for £425,000 in February 2022, which was around 36% below the average February 2022 detached price in the West Berkshire local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

7 WALLIS GARDENS Sold Prices

Land registry data shows two sales for 7 WALLIS GARDENS 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 WALLIS GARDENS 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
2022 10 FEB	£425,000	£660,502	36% below HPI
2006 23 NOV	£242,000	£385,198	37% below HPI

7 WALLIS GARDENS 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 WALLIS GARDENS sales from November 2006 and February 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 November 2006 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2022 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 7 WALLIS GARDENS be worth now?

7 WALLIS GARDENS might now be worth an estimated £452,529.

This is based on house price inflation of 6.5%, between February 2022 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 6.5% inflationary increase is applied to the most recent sale price for 7 WALLIS GARDENS of £425,000 on 10th February 2022. For the value to have increased from £425,000 to £452,529 over the three years to February 2025, the following assumptions must hold true:

• The value of 7 WALLIS GARDENS has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The February 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WALLIS GARDENS has not materially changed since February 2022.

How Large is 7 WALLIS GARDENS?

7 WALLIS GARDENS is 88m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% of detached houses houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newbury, and where 7 WALLIS GARDENS lies on this distribution: 15% of detached houses houses are smaller than 7 WALLIS GARDENS, and 85% of houses are larger. Note that EPC data is not available for all properties in Newbury.

7 WALLIS GARDENS: Plot and Title Map

7 WALLIS GARDENS sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 7 WALLIS GARDENS, 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 WALLIS GARDENS). 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 WALLIS GARDENS?

7 WALLIS GARDENS is located in NEWBURY, in the RG14 postcode district. The below map shows the position of No. 7 on WALLIS GARDENS.