74, PARK LANE, THATCHAM, RG18 3PG - £245,000

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.

74 PARK LANE is a very small detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £490,684. It was last sold for £245,000 in May 2009, which was around 30% below the average May 2009 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

74 PARK LANE Sold Prices

Land registry data shows two sales for 74 PARK 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 74 PARK 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
2009 10 MAY	£245,000	£351,152	30% below HPI
2003 24 OCT	£235,000	£333,488	30% below HPI

74 PARK 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 74 PARK LANE sales from October 2003 and May 2009 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 October 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2009 sale, which was also at 30% below the HPI.

What might 74 PARK LANE be worth now?

74 PARK LANE might now be worth an estimated £490,684.

This is based on house price inflation of 100.3%, between May 2009 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 100.3% inflationary increase is applied to the most recent sale price for 74 PARK LANE of £245,000 on 10th May 2009. For the value to have increased from £245,000 to £490,684 over the sixteen years and three months to February 2025, the following assumptions must hold true:

• The value of 74 PARK LANE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The May 2009 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 74 PARK LANE has not materially changed since May 2009.

How Large is 74 PARK LANE?

74 PARK LANE is 85m² according to the EPC inspection conducted in March 2009. 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 74 PARK LANE lies on this distribution: 20% of detached houses houses are smaller than 74 PARK LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Thatcham.

74 PARK LANE: Plot and Title Map

74 PARK LANE sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 74 PARK 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 74 PARK 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 74 PARK LANE?

74 PARK LANE is located in THATCHAM, in the RG18 postcode district. The below map shows the position of No. 74 on PARK LANE.