88, PARK LANE, THATCHAM, RG18 3PG - £558,500

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.

88 PARK LANE is a very large extended detached house of 187m², built sometime between 1930 and 1949, which could now be worth an estimated £784,759. It was last sold for £558,500 in November 2014, which was around 12% above the average November 2014 detached price in the West Berkshire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

88 PARK LANE Sold Prices

Land registry data shows two sales for 88 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. One of the two 88 PARK LANE sales was for above the average price, whilst the other was 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
2014 7 NOV	£558,500	£500,516	12% above HPI
2000 26 SEP	£249,950	£260,636	4% below HPI

88 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 88 PARK LANE sales from September 2000 and November 2014 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 September 2000 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2014 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 88 PARK LANE be worth now?

88 PARK LANE might now be worth an estimated £784,759.

This is based on house price inflation of 40.5%, between November 2014 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 40.5% inflationary increase is applied to the most recent sale price for 88 PARK LANE of £558,500 on 7th November 2014. For the value to have increased from £558,500 to £784,759 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 88 PARK LANE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The November 2014 sale price of £558,500 represented a fair market value for the property.
• The size, condition, and specification of 88 PARK LANE has not materially changed since November 2014.

How Large is 88 PARK LANE?

88 PARK LANE is 187m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the largest 10% 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 88 PARK LANE lies on this distribution: 96% of detached houses houses are smaller than 88 PARK LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Thatcham.

88 PARK LANE: Plot and Title Map

88 PARK LANE sits on a plot of roughly 0.214 of an acre, or 867m². The below map shows the location of 88 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 88 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 88 PARK LANE?

88 PARK LANE is located in THATCHAM, in the RG18 postcode district. The below map shows the position of No. 88 on PARK LANE.