PINEWOOD CUTTINGS, DEACONS LANE, HERMITAGE, THATCHAM, RG18 9RJ - £800,000

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

PINEWOOD CUTTINGS is a large extended detached house of 174m², built sometime between 1991 and 1995. It was last sold for £800,000 in May 2024, which was around 20% above the average May 2024 detached price in the West Berkshire local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was C.

PINEWOOD CUTTINGS Sold Prices

Land registry data shows two sales for PINEWOOD CUTTINGS 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 PINEWOOD CUTTINGS 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
2024 10 MAY	£800,000	£665,175	20% above HPI
2021 7 APR	£725,000	£575,666	26% above HPI

PINEWOOD CUTTINGS 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 PINEWOOD CUTTINGS sales from April 2021 and May 2024 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 April 2021 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the May 2024 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is PINEWOOD CUTTINGS?

PINEWOOD CUTTINGS is 174m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the largest 40% of detached houses in Hermitage, based on EPC data. The below chart shows the distribution of detached houses by size in Hermitage, and where PINEWOOD CUTTINGS lies on this distribution: 68% of detached houses are smaller than PINEWOOD CUTTINGS, and 32% of houses are larger. Note that EPC data is not available for all properties in Hermitage.

PINEWOOD CUTTINGS: Plot and Title Map

PINEWOOD CUTTINGS sits on a plot of roughly 0.198 of an acre, or 802m². The below map shows the location of PINEWOOD CUTTINGS, 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 PINEWOOD CUTTINGS). 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 PINEWOOD CUTTINGS?

PINEWOOD CUTTINGS is located on DEACONS LANE in HERMITAGE, in the RG18 postcode district. The below map shows the position of PINEWOOD CUTTINGS on DEACONS LANE.