FAR ACRES, FRESHFIELDS LANE, CHIEVELEY, NEWBURY, RG20 8TB - £823,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FAR ACRES is a very large detached house of 327m², built sometime from 2007 onwards, which could now be worth an estimated £999,077. It was last sold for £823,500 in May 2017, which was around 42% above the average May 2017 detached price in the West Berkshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

FAR ACRES Sold Prices

Land registry data shows two sales for FAR ACRES 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. One of the two FAR ACRES sales was for above the average price, whilst the other was 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
2017 26 MAY	£823,500	£579,690	42% above HPI
2007 7 SEP	£290,000	£427,195	32% below HPI

FAR ACRES 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 FAR ACRES sales from September 2007 and May 2017 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 September 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2017 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might FAR ACRES be worth now?

FAR ACRES might now be worth an estimated £999,077.

This is based on house price inflation of 21.3%, between May 2017 and February 2025, for detached houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.3% inflationary increase is applied to the most recent sale price for FAR ACRES of £823,500 on 26th May 2017. For the value to have increased from £823,500 to £999,077 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of FAR ACRES has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The May 2017 sale price of £823,500 represented a fair market value for the property.
• The size, condition, and specification of FAR ACRES has not materially changed since May 2017.

How Large is FAR ACRES?

FAR ACRES is 327m² according to the EPC inspection conducted in May 2016. This puts it in the largest 10% of detached houses houses in Chieveley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chieveley, and where FAR ACRES lies on this distribution: 97% of detached houses houses are smaller than FAR ACRES, and 3% of houses are larger. Note that EPC data is not available for all properties in Chieveley.

FAR ACRES: Plot and Title Map

FAR ACRES sits on a plot of roughly 0.170 of an acre, or 687m². The below map shows the location of FAR ACRES, 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 FAR ACRES). 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 FAR ACRES?

FAR ACRES is located on FRESHFIELDS LANE in CHIEVELEY, in the RG20 postcode district. The below map shows the position of FAR ACRES on FRESHFIELDS LANE.