ELMSTONE, GARDEN CLOSE LANE, NEWBURY, RG14 6PR - £620,000

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

ELMSTONE is a large extended detached house of 172m², built sometime between 1967 and 1975. It was last sold for £620,000 in July 2007, which was around 55% above the average July 2007 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2009, where the current energy rating was F, and the potential energy rating was E.

ELMSTONE Sold Prices

Land registry data shows two sales for ELMSTONE 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 ELMSTONE 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
2007 27 JUL	£620,000	£399,442	55% above HPI
2004 30 JAN	£475,000	£326,544	45% above HPI

ELMSTONE 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 ELMSTONE sales from January 2004 and July 2007 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 January 2004 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the July 2007 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is ELMSTONE?

ELMSTONE is 172m², which includes two extensions, according to the EPC inspection conducted in June 2009. 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 ELMSTONE lies on this distribution: 78% of detached houses are smaller than ELMSTONE, and 22% of houses are larger. Note that EPC data is not available for all properties in Newbury.

ELMSTONE: Plot and Title Map

ELMSTONE sits on a plot of roughly 0.314 of an acre, or 1,271m². The below map shows the location of ELMSTONE, 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 ELMSTONE). 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 ELMSTONE?

ELMSTONE is located on GARDEN CLOSE LANE in NEWBURY, in the RG14 postcode district. The below map shows the position of ELMSTONE on GARDEN CLOSE LANE.