NURMAHAL, GARDEN CLOSE LANE, NEWBURY, RG14 6PP - £566,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

NURMAHAL is a small extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £566,500 in June 2022, which was around 16% below the average June 2022 detached price in the West Berkshire local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was C.

NURMAHAL Sold Prices

Land registry data shows three sales for NURMAHAL 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 NURMAHAL 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
2022 16 JUN	£566,500	£675,478	16% below HPI
2006 18 AUG	£343,500	£374,466	8% below HPI
2003 1 OCT	£285,000	£333,488	15% below HPI

NURMAHAL 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 NURMAHAL sales between October 2003 and June 2022 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 August 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might NURMAHAL be worth now?

NURMAHAL might now be worth an estimated £582,046.

This is based on house price inflation of 2.7%, between June 2022 and December 2024, 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 2.7% inflationary increase is applied to the most recent sale price for NURMAHAL of £566,500 on 16th June 2022. For the value to have increased from £566,500 to £582,046 over the one year and six months to December 2024, the following assumptions must hold true:

• The value of NURMAHAL has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The June 2022 sale price of £566,500 represented a fair market value for the property.
• The size, condition, and specification of NURMAHAL has not materially changed since June 2022.

How Large is NURMAHAL?

NURMAHAL is 115m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 40% of detached houses houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newbury, and where NURMAHAL lies on this distribution: 39% of detached houses houses are smaller than NURMAHAL, and 60% of houses are larger. Note that EPC data is not available for all properties in Newbury.

NURMAHAL: Plot and Title Map

NURMAHAL sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of NURMAHAL, 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 NURMAHAL). 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 NURMAHAL?

NURMAHAL is located on GARDEN CLOSE LANE in NEWBURY, in the RG14 postcode district. The below map shows the position of NURMAHAL on GARDEN CLOSE LANE.