FERNBANK, HIGH STREET, HERMITAGE, THATCHAM, RG18 9SR - £1,027,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FERNBANK is a very large extended detached house of 261m², built sometime between 1930 and 1949. It was last sold for £1,027,500 in August 2024, which was around 52% above the average August 2024 detached price in the West Berkshire local authority area. The most recent EPC inspection was November 2019, where the current energy rating was E, and the potential energy rating was D.

FERNBANK Sold Prices

Land registry data shows two sales for FERNBANK 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 FERNBANK 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
2024 16 AUG	£1,027,500	£675,139	52% above HPI
2000 20 MAR	£170,000	£222,908	24% below HPI

FERNBANK 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 FERNBANK sales from March 2000 and August 2024 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 March 2000 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2024 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is FERNBANK?

FERNBANK is 261m², which includes three extensions, according to the EPC inspection conducted in November 2019. This puts it in the largest 10% of detached houses in Hermitage, based on EPC data. The below chart shows the distribution of detached houses by size in Hermitage, and where FERNBANK lies on this distribution: 92% of detached houses are smaller than FERNBANK, and 8% of houses are larger. Note that EPC data is not available for all properties in Hermitage.

FERNBANK: Plot and Title Map

FERNBANK sits on a plot of roughly 0.350 of an acre, or 1,418m². The below map shows the location of FERNBANK, 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 FERNBANK). 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 FERNBANK?

FERNBANK is located on HIGH STREET in HERMITAGE, in the RG18 postcode district. The below map shows the position of FERNBANK on HIGH STREET.