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

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

NEVASA is a large detached house of 201m², built sometime between 1950 and 1966. It was last sold for £635,000 in November 2018, which was around 9% 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	£583,230	9% above HPI
2010 17 DEC	£460,000	£395,107	16% above HPI
2006 20 DEC	£538,800	£370,841	45% 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 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2018 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

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 in Woolhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Woolhampton, and where NEVASA lies on this distribution: 76% of detached houses are smaller than NEVASA, and 24% 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.