HIGH OAK, DEACONS LANE, HERMITAGE, THATCHAM, RG18 9RH - £880,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

HIGH OAK is a very large extended detached house of 226m², built sometime between 1950 and 1966. It was last sold for £880,000 in December 2016, which was around 59% above the average December 2016 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

HIGH OAK Sold Prices

Land registry data shows two sales for HIGH OAK 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 HIGH OAK 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
2016 16 DEC	£880,000	£553,358	59% above HPI
2008 27 AUG	£530,000	£395,352	34% above HPI

HIGH OAK 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 HIGH OAK sales from August 2008 and December 2016 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 August 2008 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the December 2016 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is HIGH OAK?

HIGH OAK is 226m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the largest 20% of detached houses in Hermitage, based on EPC data. The below chart shows the distribution of detached houses by size in Hermitage, and where HIGH OAK lies on this distribution: 88% of detached houses are smaller than HIGH OAK, and 11% of houses are larger. Note that EPC data is not available for all properties in Hermitage.

HIGH OAK: Plot and Title Map

HIGH OAK sits on a plot of roughly 0.370 of an acre, or 1,496m². The below map shows the location of HIGH OAK, 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 HIGH OAK). 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 HIGH OAK?

HIGH OAK is located on DEACONS LANE in HERMITAGE, in the RG18 postcode district. The below map shows the position of HIGH OAK on DEACONS LANE.