OLD SHOP HOUSE, HIGH STREET, CHIEVELEY, NEWBURY, RG20 8UR - £415,000

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.

OLD SHOP HOUSE is a very small extended detached house of 104m², built sometime before 1900, which could now be worth an estimated £484,313. It was last sold for £415,000 in November 2018, which was around 31% below the average November 2018 detached price in the West Berkshire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was C.

OLD SHOP HOUSE Sold Prices

Land registry data shows two sales for OLD SHOP HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two OLD SHOP HOUSE 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
2018 2 NOV	£415,000	£602,634	31% below HPI
2005 24 AUG	£283,000	£353,463	20% below HPI

OLD SHOP HOUSE 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 two OLD SHOP HOUSE sales from August 2005 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 August 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might OLD SHOP HOUSE be worth now?

OLD SHOP HOUSE might now be worth an estimated £484,313.

This is based on house price inflation of 16.7%, between November 2018 and February 2025, 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 16.7% inflationary increase is applied to the most recent sale price for OLD SHOP HOUSE of £415,000 on 2nd November 2018. For the value to have increased from £415,000 to £484,313 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of OLD SHOP HOUSE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The November 2018 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of OLD SHOP HOUSE has not materially changed since November 2018.

How Large is OLD SHOP HOUSE?

OLD SHOP HOUSE is 104m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of detached houses houses in Chieveley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chieveley, and where OLD SHOP HOUSE lies on this distribution: 19% of detached houses houses are smaller than OLD SHOP HOUSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Chieveley.

OLD SHOP HOUSE: Plot and Title Map

OLD SHOP HOUSE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of OLD SHOP HOUSE, 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 OLD SHOP HOUSE). 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 OLD SHOP HOUSE?

OLD SHOP HOUSE is located on HIGH STREET in CHIEVELEY, in the RG20 postcode district. The below map shows the position of OLD SHOP HOUSE on HIGH STREET.