BRACKENS, MILL LANE, LAMBOURN, HUNGERFORD, RG17 8YP - £350,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

BRACKENS is a midsized detached house of 140m², built sometime between 1967 and 1975. It was last sold for £350,000 in August 2016, which was around 37% below the average August 2016 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

BRACKENS Sold Prices

Land registry data shows four sales for BRACKENS 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. All of the four BRACKENS 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 10 AUG	£350,000	£557,130	37% below HPI
2010 30 JUL	£332,000	£392,384	15% below HPI
2003 7 FEB	£249,950	£320,778	22% below HPI
2001 6 DEC	£210,000	£274,697	24% below HPI

BRACKENS 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 BRACKENS sales between December 2001 and August 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 July 2010 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2016 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is BRACKENS?

BRACKENS is 140m² according to the EPC inspection conducted in March 2010. This puts it in the largest 50% of detached houses in Lambourn, based on EPC data. The below chart shows the distribution of detached houses by size in Lambourn, and where BRACKENS lies on this distribution: 54% of detached houses are smaller than BRACKENS, and 46% of houses are larger. Note that EPC data is not available for all properties in Lambourn.

BRACKENS: Plot and Title Map

BRACKENS sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of BRACKENS, 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 BRACKENS). 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 BRACKENS?

BRACKENS is located on MILL LANE in LAMBOURN, in the RG17 postcode district. The below map shows the position of BRACKENS on MILL LANE.