NEVASA, NEW ROAD HILL, MIDGHAM, READING, RG7 5RY - £635,000

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.

NEVASA is a large detached house of 201m², built sometime between 1950 and 1966, which could now be worth an estimated £741,057. It was last sold for £635,000 in November 2018, which was around 5% above the average November 2018 detached price in the West Berkshire local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

NEVASA Sold Prices

Land registry data shows three sales for NEVASA 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 NEVASA 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
2018 9 NOV	£635,000	£602,634	5% above HPI
2010 17 DEC	£460,000	£408,252	13% above HPI
2006 20 DEC	£538,800	£383,179	41% above HPI

NEVASA 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 NEVASA sales between December 2006 and November 2018 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 December 2010 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2018 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might NEVASA be worth now?

NEVASA might now be worth an estimated £741,057.

This is based on house price inflation of 16.7%, between November 2018 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 16.7% inflationary increase is applied to the most recent sale price for NEVASA of £635,000 on 9th November 2018. For the value to have increased from £635,000 to £741,057 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of NEVASA has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The November 2018 sale price of £635,000 represented a fair market value for the property.
• The size, condition, and specification of NEVASA has not materially changed since November 2018.

How Large is NEVASA?

NEVASA is 201m² according to the EPC inspection conducted in February 2018. This puts it in the largest 30% of detached houses houses in Woolhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woolhampton, and where NEVASA lies on this distribution: 74% of detached houses houses are smaller than NEVASA, and 26% of houses are larger. Note that EPC data is not available for all properties in Woolhampton.

NEVASA: Plot and Title Map

NEVASA sits on a plot of roughly 0.172 of an acre, or 696m². The below map shows the location of NEVASA, 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 NEVASA). 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 NEVASA?

NEVASA is located on NEW ROAD HILL in MIDGHAM, in the RG7 postcode district. The below map shows the position of NEVASA on NEW ROAD HILL.