GATE COTTAGE, FORGE HILL, HAMPSTEAD NORREYS, THATCHAM, RG18 0TE - £665,000

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

GATE COTTAGE is a large extended detached house of 164m², built sometime before 1900. It was last sold for £665,000 in February 2015, which was around 40% above the average February 2015 detached price in the West Berkshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.

GATE COTTAGE Sold Prices

Land registry data shows two sales for GATE COTTAGE 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 GATE COTTAGE 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
2015 12 FEB	£665,000	£474,499	40% above HPI
1997 14 MAR	£225,000	£138,132	63% above HPI

GATE COTTAGE 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 GATE COTTAGE sales from March 1997 and February 2015 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 1997 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the February 2015 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is GATE COTTAGE?

GATE COTTAGE is 164m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 30% of detached houses in Hampstead Norreys, based on EPC data. The below chart shows the distribution of detached houses by size in Hampstead Norreys, and where GATE COTTAGE lies on this distribution: 74% of detached houses are smaller than GATE COTTAGE, and 26% of houses are larger. Note that EPC data is not available for all properties in Hampstead Norreys.

GATE COTTAGE: Plot and Title Map

GATE COTTAGE sits on a plot of roughly 0.269 of an acre, or 1,090m². The below map shows the location of GATE COTTAGE, 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 GATE COTTAGE). 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 GATE COTTAGE?

GATE COTTAGE is located on FORGE HILL in HAMPSTEAD NORREYS, in the RG18 postcode district. The below map shows the position of GATE COTTAGE on FORGE HILL.