MULBERRY, SHOP LANE, LECKHAMPSTEAD, NEWBURY, RG20 8QQ - £405,000

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.

MULBERRY is a midsized extended detached house of 145m², built sometime between 1967 and 1975, which could now be worth an estimated £688,207. It was last sold for £405,000 in February 2012, which was around 2% below the average February 2012 detached price in the West Berkshire local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

MULBERRY Sold Prices

Land registry data shows three sales for MULBERRY 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. Two of the three MULBERRY sales were for below the average price, whilst one was 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
2012 13 FEB	£405,000	£413,873	2% below HPI
2004 15 JUL	£350,000	£340,014	3% above HPI
1998 11 FEB	£127,500	£169,135	25% below HPI

MULBERRY 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 MULBERRY sales between February 1998 and February 2012 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 July 2004 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2012 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might MULBERRY be worth now?

MULBERRY might now be worth an estimated £688,207.

This is based on house price inflation of 69.9%, between February 2012 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 69.9% inflationary increase is applied to the most recent sale price for MULBERRY of £405,000 on 13th February 2012. For the value to have increased from £405,000 to £688,207 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of MULBERRY has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The February 2012 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of MULBERRY has not materially changed since February 2012.

How Large is MULBERRY?

MULBERRY is 145m², which includes two extensions, according to the EPC inspection conducted in September 2011. This puts it in the smallest 50% of detached houses houses in Leckhampstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leckhampstead, and where MULBERRY lies on this distribution: 46% of detached houses houses are smaller than MULBERRY, and 54% of houses are larger. Note that EPC data is not available for all properties in Leckhampstead.

MULBERRY: Plot and Title Map

MULBERRY sits on a plot of roughly 0.188 of an acre, or 759m². The below map shows the location of MULBERRY, 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 MULBERRY). 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 MULBERRY?

MULBERRY is located on SHOP LANE in LECKHAMPSTEAD, in the RG20 postcode district. The below map shows the position of MULBERRY on SHOP LANE.