THE BUNGALOW, PEAR TREE LANE, NEWBURY, RG14 2LY - £800,000

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

THE BUNGALOW is a very large extended detached house of 296m², built sometime between 1976 and 1982, which could now be worth an estimated £924,067. It was last sold for £800,000 in July 2018, which was around 33% above the average July 2018 detached price in the West Berkshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

THE BUNGALOW Sold Prices

Land registry data shows two sales for THE BUNGALOW 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 THE BUNGALOW 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
2018 30 JUL	£800,000	£600,835	33% above HPI
2011 12 DEC	£285,000	£411,602	31% below HPI

THE BUNGALOW 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 THE BUNGALOW sales from December 2011 and July 2018 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 December 2011 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2018 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might THE BUNGALOW be worth now?

THE BUNGALOW might now be worth an estimated £924,067.

This is based on house price inflation of 15.5%, between July 2018 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 15.5% inflationary increase is applied to the most recent sale price for THE BUNGALOW of £800,000 on 30th July 2018. For the value to have increased from £800,000 to £924,067 over the five years and seven months to December 2024, the following assumptions must hold true:

• The value of THE BUNGALOW has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The July 2018 sale price of £800,000 represented a fair market value for the property.
• The size, condition, and specification of THE BUNGALOW has not materially changed since July 2018.

How Large is THE BUNGALOW?

THE BUNGALOW is 296m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 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 THE BUNGALOW lies on this distribution: 98% of detached houses houses are smaller than THE BUNGALOW, and 2% of houses are larger. Note that EPC data is not available for all properties in Newbury.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.514 of an acre, or 2,079m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW is located on PEAR TREE LANE in NEWBURY, in the RG14 postcode district. The below map shows the position of THE BUNGALOW on PEAR TREE LANE.