PARHAM HOUSE, NEWBURY ROAD, HERMITAGE, THATCHAM, RG18 9TD - £920,000

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

PARHAM HOUSE is a very large detached house of 218m². It was last sold for £920,000 in May 2022, which was around 43% above the average May 2022 detached price in the West Berkshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was B, and the potential energy rating was B.

PARHAM HOUSE Sold Prices

Land registry data shows two sales for PARHAM 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 PARHAM HOUSE 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
2022 9 MAY	£920,000	£643,534	43% above HPI
2018 2 MAR	£830,000	£568,242	46% above HPI

PARHAM 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 PARHAM HOUSE sales from March 2018 and May 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 March 2018 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the May 2022 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is PARHAM HOUSE?

PARHAM HOUSE is 218m² according to the EPC inspection conducted in October 2018. This puts it in the largest 20% of detached houses in Hermitage, based on EPC data. The below chart shows the distribution of detached houses by size in Hermitage, and where PARHAM HOUSE lies on this distribution: 86% of detached houses are smaller than PARHAM HOUSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Hermitage.

PARHAM HOUSE: Plot and Title Map

PARHAM HOUSE sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of PARHAM 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 PARHAM 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 PARHAM HOUSE?

PARHAM HOUSE is located on NEWBURY ROAD in HERMITAGE, in the RG18 postcode district. The below map shows the position of PARHAM HOUSE on NEWBURY ROAD.