NEWSTEAD, PARK LANE, CHARVIL, READING, RG10 9TR - £568,500

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.

NEWSTEAD is a very large extended detached house of 203m², built sometime between 1983 and 1990, which could now be worth an estimated £1,025,387. It was last sold for £568,500 in May 2011, which was around 32% above the average May 2011 detached price in the Wokingham local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was C.

NEWSTEAD Sold Prices

Land registry data shows three sales for NEWSTEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three NEWSTEAD 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
2011 19 MAY	£568,500	£430,653	32% above HPI
2001 23 MAR	£350,000	£270,489	29% above HPI
1996 19 JUL	£150,000	£137,613	9% above HPI

NEWSTEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The three NEWSTEAD sales between July 1996 and May 2011 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 March 2001 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the May 2011 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might NEWSTEAD be worth now?

NEWSTEAD might now be worth an estimated £1,025,387.

This is based on house price inflation of 80.4%, between May 2011 and February 2025, for detached houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 80.4% inflationary increase is applied to the most recent sale price for NEWSTEAD of £568,500 on 19th May 2011. For the value to have increased from £568,500 to £1,025,387 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of NEWSTEAD has moved in line with the HPI for detached houses in the Wokingham local authority area.
• The May 2011 sale price of £568,500 represented a fair market value for the property.
• The size, condition, and specification of NEWSTEAD has not materially changed since May 2011.

How Large is NEWSTEAD?

NEWSTEAD is 203m², which includes two extensions, according to the EPC inspection conducted in December 2010. This puts it in the largest 10% of detached houses houses in Charvil, based on EPC data. The below chart shows the distribution of detached houses houses by size in Charvil, and where NEWSTEAD lies on this distribution: 96% of detached houses houses are smaller than NEWSTEAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Charvil.

NEWSTEAD: Plot and Title Map

NEWSTEAD sits on a plot of roughly 0.231 of an acre, or 933m². The below map shows the location of NEWSTEAD, 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 NEWSTEAD). 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 NEWSTEAD?

NEWSTEAD is located on PARK LANE in CHARVIL, in the RG10 postcode district. The below map shows the position of NEWSTEAD on PARK LANE.