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

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.

GATE COTTAGE is a large extended detached house of 164m², built sometime before 1900, which could now be worth an estimated £953,901. It was last sold for £665,000 in February 2015, which was around 36% 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	£490,286	36% above HPI
1997 14 MAR	£225,000	£142,727	58% 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 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the February 2015 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might GATE COTTAGE be worth now?

GATE COTTAGE might now be worth an estimated £953,901.

This is based on house price inflation of 43.4%, between February 2015 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 43.4% inflationary increase is applied to the most recent sale price for GATE COTTAGE of £665,000 on 12th February 2015. For the value to have increased from £665,000 to £953,901 over the ten years to February 2025, the following assumptions must hold true:

• The value of GATE COTTAGE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The February 2015 sale price of £665,000 represented a fair market value for the property.
• The size, condition, and specification of GATE COTTAGE has not materially changed since February 2015.

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 houses in Hampstead Norreys, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hampstead Norreys, and where GATE COTTAGE lies on this distribution: 73% of detached houses houses are smaller than GATE COTTAGE, and 27% 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 1,087m². 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.