8, THE CEDARS, NEWBURY, RG14 7AA - £545,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 THE CEDARS is a midsized detached house of 158m², built sometime between 2003 and 2006, which could now be worth an estimated £695,283. It was last sold for £545,000 in May 2016, which was around 1% below the average May 2016 detached price in the West Berkshire local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

8 THE CEDARS Sold Prices

Land registry data shows two sales for 8 THE CEDARS 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. One of the two 8 THE CEDARS sales was for below the average price, whilst the other was for above 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 27 MAY	£545,000	£551,272	1% below HPI
2004 15 OCT	£431,650	£350,929	23% above HPI

8 THE CEDARS 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 8 THE CEDARS sales from October 2004 and May 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 October 2004 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2016 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 8 THE CEDARS be worth now?

8 THE CEDARS might now be worth an estimated £695,283.

This is based on house price inflation of 27.6%, between May 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 27.6% inflationary increase is applied to the most recent sale price for 8 THE CEDARS of £545,000 on 27th May 2016. For the value to have increased from £545,000 to £695,283 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 8 THE CEDARS has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The May 2016 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE CEDARS has not materially changed since May 2016.

How Large is 8 THE CEDARS?

8 THE CEDARS is 158m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 50% of detached houses houses in Greenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Greenham, and where 8 THE CEDARS lies on this distribution: 40% of detached houses houses are smaller than 8 THE CEDARS, and 58% of houses are larger. Note that EPC data is not available for all properties in Greenham.

8 THE CEDARS: Plot and Title Map

8 THE CEDARS sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 8 THE CEDARS, 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 8 THE CEDARS). 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 8 THE CEDARS?

8 THE CEDARS is located in NEWBURY, in the RG14 postcode district. The below map shows the position of No. 8 on THE CEDARS.