RADMORE, FRESHFIELDS LANE, CHIEVELEY, NEWBURY, RG20 8TB - £308,000

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

RADMORE is a very small detached house of 100m², built sometime between 1983 and 1990, which could now be worth an estimated £576,367. It was last sold for £308,000 in August 2009, which was around 17% below the average August 2009 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

RADMORE Sold Prices

Land registry data shows three sales for RADMORE 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 RADMORE 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
2009 7 AUG	£308,000	£370,869	17% below HPI
2008 31 OCT	£250,000	£405,837	38% below HPI
2006 23 JUN	£248,000	£368,215	33% below HPI

RADMORE 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 RADMORE sales between June 2006 and August 2009 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 October 2008 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2009 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might RADMORE be worth now?

RADMORE might now be worth an estimated £576,367.

This is based on house price inflation of 87.1%, between August 2009 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 87.1% inflationary increase is applied to the most recent sale price for RADMORE of £308,000 on 7th August 2009. For the value to have increased from £308,000 to £576,367 over the fourteen years and eight months to December 2024, the following assumptions must hold true:

• The value of RADMORE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The August 2009 sale price of £308,000 represented a fair market value for the property.
• The size, condition, and specification of RADMORE has not materially changed since August 2009.

How Large is RADMORE?

RADMORE is 100m² according to the EPC inspection conducted in June 2009. 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 RADMORE lies on this distribution: 15% of detached houses houses are smaller than RADMORE, and 85% of houses are larger. Note that EPC data is not available for all properties in Chieveley.

RADMORE: Plot and Title Map

RADMORE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of RADMORE, 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 RADMORE). 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 RADMORE?

RADMORE is located on FRESHFIELDS LANE in CHIEVELEY, in the RG20 postcode district. The below map shows the position of RADMORE on FRESHFIELDS LANE.