94, PARK LANE, THATCHAM, RG18 3PG - £730,000

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.

94 PARK LANE is a very large detached house of 200m², built sometime between 1996 and 2002, which could now be worth an estimated £876,243. It was last sold for £730,000 in September 2019, which was around 25% above the average September 2019 detached price in the West Berkshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

94 PARK LANE Sold Prices

Land registry data shows four sales for 94 PARK LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. two of the four 94 PARK LANE sales were for above the average price, and four 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
2019 19 SEP	£730,000	£585,908	25% above HPI
1998 24 APR	£245,000	£162,710	51% above HPI
1997 23 MAY	£81,000	£149,220	46% below HPI
1996 2 DEC	£59,950	£139,475	57% below HPI

94 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 four 94 PARK LANE sales between December 1996 and September 2019 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 April 1998 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the September 2019 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 94 PARK LANE be worth now?

94 PARK LANE might now be worth an estimated £876,243.

This is based on house price inflation of 20%, between September 2019 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 20% inflationary increase is applied to the most recent sale price for 94 PARK LANE of £730,000 on 19th September 2019. For the value to have increased from £730,000 to £876,243 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 94 PARK LANE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The September 2019 sale price of £730,000 represented a fair market value for the property.
• The size, condition, and specification of 94 PARK LANE has not materially changed since September 2019.

How Large is 94 PARK LANE?

94 PARK LANE is 200m² according to the EPC inspection conducted in May 2018. 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 94 PARK LANE lies on this distribution: 97% of detached houses houses are smaller than 94 PARK LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Thatcham.

94 PARK LANE: Plot and Title Map

94 PARK LANE sits on a plot of roughly 0.277 of an acre, or 1,122m². The below map shows the location of 94 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 94 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 94 PARK LANE?

94 PARK LANE is located in THATCHAM, in the RG18 postcode district. The below map shows the position of No. 94 on PARK LANE.