CHERITON LODGE, SPEEN LANE, SPEEN, NEWBURY, RG14 1RN - £626,000

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

CHERITON LODGE is a large extended detached house of 157m², built sometime between 1976 and 1982. It was last sold for £626,000 in September 2015, which was around 22% above the average September 2015 detached price in the West Berkshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

CHERITON LODGE Sold Prices

Land registry data shows two sales for CHERITON LODGE 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 CHERITON LODGE sales were 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
2015 17 SEP	£626,000	£514,575	22% above HPI
1999 7 APR	£237,000	£182,331	30% above HPI

CHERITON LODGE 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 CHERITON LODGE sales from April 1999 and September 2015 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 1999 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2015 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is CHERITON LODGE?

CHERITON LODGE is 157m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 30% of detached houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses by size in Newbury, and where CHERITON LODGE lies on this distribution: 70% of detached houses are smaller than CHERITON LODGE, and 30% of houses are larger. Note that EPC data is not available for all properties in Newbury.

CHERITON LODGE: Plot and Title Map

CHERITON LODGE sits on a plot of roughly 0.184 of an acre, or 743m². The below map shows the location of CHERITON LODGE, 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 CHERITON LODGE). 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 CHERITON LODGE?

CHERITON LODGE is located on SPEEN LANE in SPEEN, in the RG14 postcode district. The below map shows the position of CHERITON LODGE on SPEEN LANE.