DERWEN, HAMPSTEAD NORREYS ROAD, HERMITAGE, THATCHAM, RG18 9RZ - £650,000

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

DERWEN is a large extended detached house of 175m², built sometime between 1976 and 1982. It was last sold for £650,000 in October 2022, which was around 4% below the average October 2022 detached price in the West Berkshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was B.

DERWEN Sold Prices

Land registry data shows two sales for DERWEN 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 DERWEN 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
2022 28 OCT	£650,000	£673,672	4% below HPI
2003 30 MAY	£279,995	£326,581	14% below HPI

DERWEN 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 DERWEN sales from May 2003 and October 2022 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 May 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is DERWEN?

DERWEN is 175m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 30% of detached houses in Hermitage, based on EPC data. The below chart shows the distribution of detached houses by size in Hermitage, and where DERWEN lies on this distribution: 70% of detached houses are smaller than DERWEN, and 30% of houses are larger. Note that EPC data is not available for all properties in Hermitage.

DERWEN: Plot and Title Map

DERWEN sits on a plot of roughly 0.218 of an acre, or 883m². The below map shows the location of DERWEN, 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 DERWEN). 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 DERWEN?

DERWEN is located on HAMPSTEAD NORREYS ROAD in HERMITAGE, in the RG18 postcode district. The below map shows the position of DERWEN on HAMPSTEAD NORREYS ROAD.