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

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.

72 MONKS LANE is a very large extended detached house of 184m², built sometime between 1976 and 1982, which could now be worth an estimated £635,562. It was last sold for £515,000 in November 2016, which was around 10% 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	£569,876	10% below HPI
2002 17 DEC	£250,000	£331,164	25% 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 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2016 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 72 MONKS LANE be worth now?

72 MONKS LANE might now be worth an estimated £635,562.

This is based on house price inflation of 23.4%, between November 2016 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 23.4% inflationary increase is applied to the most recent sale price for 72 MONKS LANE of £515,000 on 1st November 2016. For the value to have increased from £515,000 to £635,562 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 72 MONKS LANE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The November 2016 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 72 MONKS LANE has not materially changed since November 2016.

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 houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newbury, and where 72 MONKS LANE lies on this distribution: 83% of detached houses 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.