REDWOOD, SHOP LANE, LECKHAMPSTEAD, NEWBURY, RG20 8QQ - £822,500

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

REDWOOD is a large detached house of 201m², built sometime from 2007 onwards, which could now be worth an estimated £1,367,592. It was last sold for £822,500 in July 2012, which was around 94% above the average July 2012 detached price in the West Berkshire local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

REDWOOD Sold Prices

Land registry data shows two sales for REDWOOD 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. One of the two REDWOOD sales was for above the average price, whilst the other was 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
2012 27 JUL	£822,500	£422,971	94% above HPI
2007 11 MAY	£335,000	£397,410	16% below HPI

REDWOOD 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 REDWOOD sales from May 2007 and July 2012 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 May 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2012 sale, where it rises to 94% above the HPI. The line then continues to track at 94% above the HPI.

What might REDWOOD be worth now?

REDWOOD might now be worth an estimated £1,367,592.

This is based on house price inflation of 66.3%, between July 2012 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 66.3% inflationary increase is applied to the most recent sale price for REDWOOD of £822,500 on 27th July 2012. For the value to have increased from £822,500 to £1,367,592 over the thirteen years and five months to February 2025, the following assumptions must hold true:

• The value of REDWOOD has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The July 2012 sale price of £822,500 represented a fair market value for the property.
• The size, condition, and specification of REDWOOD has not materially changed since July 2012.

How Large is REDWOOD?

REDWOOD is 201m² according to the EPC inspection conducted in October 2011. This puts it in the largest 30% of detached houses houses in Leckhampstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leckhampstead, and where REDWOOD lies on this distribution: 73% of detached houses houses are smaller than REDWOOD, and 27% of houses are larger. Note that EPC data is not available for all properties in Leckhampstead.

REDWOOD: Plot and Title Map

REDWOOD sits on a plot of roughly 0.225 of an acre, or 909m². The below map shows the location of REDWOOD, 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 REDWOOD). 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 REDWOOD?

REDWOOD is located on SHOP LANE in LECKHAMPSTEAD, in the RG20 postcode district. The below map shows the position of REDWOOD on SHOP LANE.