MEAD HOUSE, WESTMEAD DRIVE, NEWBURY, RG14 7DJ - £612,000

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

MEAD HOUSE is a large detached house of 173m², built sometime between 1983 and 1990. It was last sold for £612,000 in February 2020, which was around 8% above the average February 2020 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

MEAD HOUSE Sold Prices

Land registry data shows two sales for MEAD HOUSE 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 MEAD HOUSE 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 21 FEB	£612,000	£565,793	8% above HPI
2015 7 OCT	£541,000	£519,373	4% above HPI

MEAD HOUSE 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 MEAD HOUSE sales from October 2015 and February 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 October 2015 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2020 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is MEAD HOUSE?

MEAD HOUSE is 173m² according to the EPC inspection conducted in June 2010. This puts it in the largest 30% of detached houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses by size in Newbury, and where MEAD HOUSE lies on this distribution: 79% of detached houses are smaller than MEAD HOUSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Newbury.

MEAD HOUSE: Plot and Title Map

MEAD HOUSE sits on a plot of roughly 0.168 of an acre, or 681m². The below map shows the location of MEAD HOUSE, 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 MEAD HOUSE). 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 MEAD HOUSE?

MEAD HOUSE is located on WESTMEAD DRIVE in NEWBURY, in the RG14 postcode district. The below map shows the position of MEAD HOUSE on WESTMEAD DRIVE.