FARADAY HOUSE, NEWBURY ROAD, GREAT SHEFFORD, HUNGERFORD, RG17 7DT - £525,000

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.

FARADAY HOUSE is a midsized detached house of 125m², built in 2021, which could now be worth an estimated £561,455. It was last sold for £525,000 in December 2021, which was around 20% below the average December 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was B, and the potential energy rating was A.

FARADAY HOUSE Sold Prices

Land registry data shows two sales for FARADAY HOUSE 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 FARADAY HOUSE 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
2021 10 DEC	£525,000	£657,621	20% below HPI
2021 5 FEB	£475,000	£603,231	21% below HPI

FARADAY HOUSE 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 FARADAY HOUSE sales from February 2021 and December 2021 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 February 2021 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might FARADAY HOUSE be worth now?

FARADAY HOUSE might now be worth an estimated £561,455.

This is based on house price inflation of 6.9%, between December 2021 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 6.9% inflationary increase is applied to the most recent sale price for FARADAY HOUSE of £525,000 on 10th December 2021. For the value to have increased from £525,000 to £561,455 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of FARADAY HOUSE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The December 2021 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of FARADAY HOUSE has not materially changed since December 2021.

How Large is FARADAY HOUSE?

FARADAY HOUSE is 125m² according to the EPC inspection conducted in November 2021. This puts it in the largest 50% of detached houses houses in Great Shefford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Shefford, and where FARADAY HOUSE lies on this distribution: 56% of detached houses houses are smaller than FARADAY HOUSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Great Shefford.

FARADAY HOUSE: Plot and Title Map

FARADAY HOUSE sits on a plot of roughly 0.190 of an acre, or 768m². The below map shows the location of FARADAY HOUSE, 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 FARADAY HOUSE). 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 FARADAY HOUSE?

FARADAY HOUSE is located on NEWBURY ROAD in GREAT SHEFFORD, in the RG17 postcode district. The below map shows the position of FARADAY HOUSE on NEWBURY ROAD.