NEWLANDS, CROSS KEYS ROAD, SOUTH STOKE, READING, RG8 0JT - £352,000

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

NEWLANDS is a very small detached house of 69m², built sometime between 1991 and 1995. It was last sold for £352,000 in August 2020, which was around 50% below the average August 2020 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

NEWLANDS Sold Prices

Land registry data shows two sales for NEWLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. Both of the two NEWLANDS 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
2020 10 AUG	£352,000	£707,677	50% below HPI
2009 12 JUN	£243,000	£416,216	42% below HPI

NEWLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The two NEWLANDS sales from June 2009 and August 2020 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 June 2009 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2020 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is NEWLANDS?

NEWLANDS is 69m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses in South Stoke, based on EPC data. The below chart shows the distribution of detached houses by size in South Stoke, and where NEWLANDS lies on this distribution: Less than 1% of detached houses are smaller than NEWLANDS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in South Stoke.

NEWLANDS: Plot and Title Map

NEWLANDS sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

NEWLANDS is located on CROSS KEYS ROAD in SOUTH STOKE, in the RG8 postcode district. The below map shows the position of NEWLANDS on CROSS KEYS ROAD.