HONEYPOT, EAST LANE, CHIEVELEY, NEWBURY, RG20 8UZ - £485,000

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

HONEYPOT is a very small detached house of 82m², built sometime between 1983 and 1990. It was last sold for £485,000 in February 2021, which was around 17% below the average February 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

HONEYPOT Sold Prices

Land registry data shows three sales for HONEYPOT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the three HONEYPOT sales were 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
2021 2 FEB	£485,000	£583,808	17% below HPI
2012 8 NOV	£323,500	£415,980	22% below HPI
2006 20 MAR	£275,000	£347,068	21% below HPI

HONEYPOT 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 three HONEYPOT sales between March 2006 and February 2021 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 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is HONEYPOT?

HONEYPOT is 82m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of detached houses in Chieveley, based on EPC data. The below chart shows the distribution of detached houses by size in Chieveley, and where HONEYPOT lies on this distribution: 8% of detached houses are smaller than HONEYPOT, and 92% of houses are larger. Note that EPC data is not available for all properties in Chieveley.

HONEYPOT: Plot and Title Map

HONEYPOT sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of HONEYPOT, 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 HONEYPOT). 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 HONEYPOT?

HONEYPOT is located on EAST LANE in CHIEVELEY, in the RG20 postcode district. The below map shows the position of HONEYPOT on EAST LANE.