FERNLEA, HIGH STREET, HERMITAGE, THATCHAM, RG18 9RD - £490,000

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.

FERNLEA is a very small extended semi-detached house of 104m², built sometime before 1900, which could now be worth an estimated £576,902. It was last sold for £490,000 in October 2020, which was around 41% above the average October 2020 semi-detached price in the West Berkshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

FERNLEA Sold Prices

Land registry data shows two sales for FERNLEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two FERNLEA 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
2020 23 OCT	£490,000	£348,563	41% above HPI
2013 15 NOV	£258,000	£253,673	2% above HPI

FERNLEA Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Berkshire local authority area over time, sourced from the HPI. The two FERNLEA sales from November 2013 and October 2020 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 November 2013 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2020 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might FERNLEA be worth now?

FERNLEA might now be worth an estimated £576,902.

This is based on house price inflation of 17.7%, between October 2020 and February 2025, for semi-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 17.7% inflationary increase is applied to the most recent sale price for FERNLEA of £490,000 on 23rd October 2020. For the value to have increased from £490,000 to £576,902 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of FERNLEA has moved in line with the HPI for semi-detached houses in the West Berkshire local authority area.
• The October 2020 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of FERNLEA has not materially changed since October 2020.

How Large is FERNLEA?

FERNLEA is 104m², which includes three extensions, according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% of semi-detached houses houses in Hermitage, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hermitage, and where FERNLEA lies on this distribution: 16% of semi-detached houses houses are smaller than FERNLEA, and 84% of houses are larger. Note that EPC data is not available for all properties in Hermitage.

FERNLEA: Plot and Title Map

FERNLEA sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of FERNLEA, 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 FERNLEA). 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 FERNLEA?

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