MERLEBANK, LOVE LANE, DONNINGTON, NEWBURY, RG14 2JG - £525,000

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

MERLEBANK is a large extended detached house of 151m², built sometime between 1950 and 1966. It was last sold for £525,000 in September 2017, which was around 9% below the average September 2017 detached price in the West Berkshire local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

MERLEBANK Sold Prices

Land registry data shows two sales for MERLEBANK 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 MERLEBANK 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
2017 29 SEP	£525,000	£577,868	9% below HPI
2003 14 MAR	£249,000	£323,831	23% below HPI

MERLEBANK 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 MERLEBANK sales from March 2003 and September 2017 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 2003 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2017 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is MERLEBANK?

MERLEBANK is 151m², which includes four extensions, according to the EPC inspection conducted in September 2016. This puts it in the largest 40% of detached houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses by size in Newbury, and where MERLEBANK lies on this distribution: 66% of detached houses are smaller than MERLEBANK, and 33% of houses are larger. Note that EPC data is not available for all properties in Newbury.

MERLEBANK: Plot and Title Map

MERLEBANK sits on a plot of roughly 0.152 of an acre, or 615m². The below map shows the location of MERLEBANK, 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 MERLEBANK). 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 MERLEBANK?

MERLEBANK is located on LOVE LANE in DONNINGTON, in the RG14 postcode district. The below map shows the position of MERLEBANK on LOVE LANE.