PROVIDENCE COTTAGE, GORDON ROAD, NEWBURY, RG14 5RP - £285,000

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

PROVIDENCE COTTAGE is a very small extended detached house of 75m², built sometime between 1900 and 1929. It was last sold for £285,000 in December 2017, which was around 52% below the average December 2017 detached price in the West Berkshire local authority area. The most recent EPC inspection was April 2024, where the current energy rating was E, and the potential energy rating was C.

PROVIDENCE COTTAGE Sold Prices

Land registry data shows three sales for PROVIDENCE COTTAGE 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 PROVIDENCE COTTAGE 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
2017 14 DEC	£285,000	£589,304	52% below HPI
2014 30 SEP	£248,000	£483,668	49% below HPI
2013 15 OCT	£172,500	£447,643	61% below HPI

PROVIDENCE COTTAGE 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 PROVIDENCE COTTAGE sales between October 2013 and December 2017 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 September 2014 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the December 2017 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might PROVIDENCE COTTAGE be worth now?

PROVIDENCE COTTAGE might now be worth an estimated £335,640.

This is based on house price inflation of 17.8%, between December 2017 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 17.8% inflationary increase is applied to the most recent sale price for PROVIDENCE COTTAGE of £285,000 on 14th December 2017. For the value to have increased from £285,000 to £335,640 over the seven years to December 2024, the following assumptions must hold true:

• The value of PROVIDENCE COTTAGE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The December 2017 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of PROVIDENCE COTTAGE has not materially changed since December 2017.

How Large is PROVIDENCE COTTAGE?

PROVIDENCE COTTAGE is 75m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% 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 PROVIDENCE COTTAGE lies on this distribution: 5% of detached houses houses are smaller than PROVIDENCE COTTAGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Newbury.

PROVIDENCE COTTAGE: Plot and Title Map

PROVIDENCE COTTAGE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of PROVIDENCE COTTAGE, 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 PROVIDENCE COTTAGE). 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 PROVIDENCE COTTAGE?

PROVIDENCE COTTAGE is located on GORDON ROAD in NEWBURY, in the RG14 postcode district. The below map shows the position of PROVIDENCE COTTAGE on GORDON ROAD.