CHERRYMEAD, ENBORNE GROVE, NEWBURY, RG14 6BJ - £555,000

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

CHERRYMEAD is a large extended detached house of 164m², built sometime between 1991 and 1995. It was last sold for £555,000 in November 2018, which was around 5% below the average November 2018 detached price in the West Berkshire local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

CHERRYMEAD Sold Prices

Land registry data shows three sales for CHERRYMEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. One of the three CHERRYMEAD sales was for below the average price, whilst two 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
2018 30 NOV	£555,000	£583,230	5% below HPI
2015 19 JUN	£525,000	£490,969	7% above HPI
1995 27 JUL	£131,450	£124,241	6% above HPI

CHERRYMEAD 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 three CHERRYMEAD sales between July 1995 and November 2018 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 June 2015 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2018 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is CHERRYMEAD?

CHERRYMEAD is 164m², which includes three extensions, according to the EPC inspection conducted in January 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 CHERRYMEAD lies on this distribution: 74% of detached houses are smaller than CHERRYMEAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Newbury.

CHERRYMEAD: Plot and Title Map

CHERRYMEAD sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of CHERRYMEAD, 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 CHERRYMEAD). 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 CHERRYMEAD?

CHERRYMEAD is located on ENBORNE GROVE in NEWBURY, in the RG14 postcode district. The below map shows the position of CHERRYMEAD on ENBORNE GROVE.