RIVENDELL, POND LANE, HERMITAGE, THATCHAM, RG18 9RN - £545,000

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

RIVENDELL is a midsized detached house of 148m², built sometime between 1983 and 1990, which could now be worth an estimated £671,243. It was last sold for £545,000 in March 2017, which was around 5% below the average March 2017 detached price in the West Berkshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

RIVENDELL Sold Prices

Land registry data shows two sales for RIVENDELL 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 RIVENDELL sales was for below the average price, whilst the other was 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
2017 31 MAR	£545,000	£571,016	5% below HPI
1999 6 AUG	£260,000	£203,562	28% above HPI

RIVENDELL 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 RIVENDELL sales from August 1999 and March 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 August 1999 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the March 2017 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might RIVENDELL be worth now?

RIVENDELL might now be worth an estimated £671,243.

This is based on house price inflation of 23.2%, between March 2017 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 23.2% inflationary increase is applied to the most recent sale price for RIVENDELL of £545,000 on 31st March 2017. For the value to have increased from £545,000 to £671,243 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of RIVENDELL has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The March 2017 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of RIVENDELL has not materially changed since March 2017.

How Large is RIVENDELL?

RIVENDELL is 148m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 50% of detached houses houses in Hermitage, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hermitage, and where RIVENDELL lies on this distribution: 46% of detached houses houses are smaller than RIVENDELL, and 54% of houses are larger. Note that EPC data is not available for all properties in Hermitage.

RIVENDELL: Plot and Title Map

RIVENDELL sits on a plot of roughly 0.172 of an acre, or 697m². The below map shows the location of RIVENDELL, 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 RIVENDELL). 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 RIVENDELL?

RIVENDELL is located on POND LANE in HERMITAGE, in the RG18 postcode district. The below map shows the position of RIVENDELL on POND LANE.