72, MONKS LANE, NEWBURY, RG14 7RJ - £515,000

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

72 MONKS LANE is a very large extended detached house of 184m², built sometime between 1976 and 1982. It was last sold for £515,000 in November 2016, which was around 7% below the average November 2016 detached price in the West Berkshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

72 MONKS LANE Sold Prices

Land registry data shows two sales for 72 MONKS 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 72 MONKS 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
2016 1 NOV	£515,000	£551,527	7% below HPI
2002 17 DEC	£250,000	£320,502	22% below HPI

72 MONKS 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 72 MONKS LANE sales from December 2002 and November 2016 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 December 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2016 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 72 MONKS LANE?

72 MONKS LANE is 184m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the largest 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 72 MONKS LANE lies on this distribution: 83% of detached houses are smaller than 72 MONKS LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Newbury.

72 MONKS LANE: Plot and Title Map

72 MONKS LANE sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of 72 MONKS 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 72 MONKS 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 72 MONKS LANE?

72 MONKS LANE is located in NEWBURY, in the RG14 postcode district. The below map shows the position of No. 72 on MONKS LANE.