NEW PROVIDENCE, POLLARDROW AVENUE, BRACKNELL, RG42 1PS - £500,000

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

NEW PROVIDENCE is a midsized extended detached house of 115m², built sometime between 1930 and 1949. It was last sold for £500,000 in December 2021, which was around 27% below the average December 2021 detached price in the Bracknell Forest local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.

NEW PROVIDENCE Sold Prices

Land registry data shows three sales for NEW PROVIDENCE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bracknell Forest local authority area for the corresponding sale date. All of the three NEW PROVIDENCE 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
2021 20 DEC	£500,000	£684,561	27% below HPI
1997 5 SEP	£166,000	£167,678	1% below HPI
1995 21 DEC	£112,500	£132,553	15% below HPI

NEW PROVIDENCE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bracknell Forest local authority area over time, sourced from the HPI. The three NEW PROVIDENCE sales between December 1995 and December 2021 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 September 1997 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is NEW PROVIDENCE?

NEW PROVIDENCE is 115m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 50% of detached houses in Bracknell, based on EPC data. The below chart shows the distribution of detached houses by size in Bracknell, and where NEW PROVIDENCE lies on this distribution: 45% of detached houses are smaller than NEW PROVIDENCE, and 54% of houses are larger. Note that EPC data is not available for all properties in Bracknell.

NEW PROVIDENCE: Plot and Title Map

NEW PROVIDENCE sits on a plot of roughly 0.222 of an acre, or 897m². The below map shows the location of NEW PROVIDENCE, 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 NEW PROVIDENCE). 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 NEW PROVIDENCE?

NEW PROVIDENCE is located on POLLARDROW AVENUE in BRACKNELL, in the RG42 postcode district. The below map shows the position of NEW PROVIDENCE on POLLARDROW AVENUE.