SPIRE COTTAGE, CHURCH LANE, THATCHAM, RG19 3JL - £312,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

SPIRE COTTAGE is a very small semi-detached house of 77m², which could now be worth an estimated £358,699. It was last sold for £312,500 in November 2020, which was around 11% below the average November 2020 semi-detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was B, and the potential energy rating was A.

SPIRE COTTAGE Sold Prices

Land registry data shows two sales for SPIRE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two SPIRE 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
2020 27 NOV	£312,500	£351,099	11% below HPI
2016 21 JUL	£275,000	£323,560	15% below HPI

SPIRE COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Berkshire local authority area over time, sourced from the HPI. The two SPIRE COTTAGE sales from July 2016 and November 2020 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 July 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might SPIRE COTTAGE be worth now?

SPIRE COTTAGE might now be worth an estimated £358,699.

This is based on house price inflation of 14.8%, between November 2020 and July 2025, for semi-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 14.8% inflationary increase is applied to the most recent sale price for SPIRE COTTAGE of £312,500 on 27th November 2020. For the value to have increased from £312,500 to £358,699 over the five years and four months to July 2025, the following assumptions must hold true:

• The value of SPIRE COTTAGE has moved in line with the HPI for semi-detached houses in the West Berkshire local authority area.
• The November 2020 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of SPIRE COTTAGE has not materially changed since November 2020.

How Large is SPIRE COTTAGE?

SPIRE COTTAGE is 77m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of semi-detached houses houses in Thatcham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Thatcham, and where SPIRE COTTAGE lies on this distribution: 11% of semi-detached houses houses are smaller than SPIRE COTTAGE, and 88% of houses are larger. Note that EPC data is not available for all properties in Thatcham.

SPIRE COTTAGE: Plot and Title Map

SPIRE COTTAGE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of SPIRE 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 SPIRE 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 SPIRE COTTAGE?

SPIRE COTTAGE is located on CHURCH LANE in THATCHAM, in the RG19 postcode district. The below map shows the position of SPIRE COTTAGE on CHURCH LANE.