THE GABLES, FORGE HILL, HAMPSTEAD NORREYS, THATCHAM, RG18 0TE - £340,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE GABLES is a small detached house of 118m², built sometime between 1967 and 1975. It was last sold for £340,000 in December 2010, which was around 14% below the average December 2010 detached price in the West Berkshire local authority area. The most recent EPC inspection was May 2010, where the current energy rating was F, and the potential energy rating was D.

THE GABLES Sold Prices

Land registry data shows three sales for THE GABLES 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 THE GABLES 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
2010 10 DEC	£340,000	£395,107	14% below HPI
2003 28 FEB	£275,000	£320,778	14% below HPI
1996 31 MAY	£119,000	£125,137	5% below HPI

THE GABLES 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 THE GABLES sales between May 1996 and December 2010 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 February 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2010 sale, which was also at 14% below the HPI.

How Large is THE GABLES?

THE GABLES is 118m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 30% of detached houses in Hampstead Norreys, based on EPC data. The below chart shows the distribution of detached houses by size in Hampstead Norreys, and where THE GABLES lies on this distribution: 26% of detached houses are smaller than THE GABLES, and 74% of houses are larger. Note that EPC data is not available for all properties in Hampstead Norreys.

THE GABLES: Plot and Title Map

THE GABLES sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of THE GABLES, 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 GABLES). 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 GABLES?

THE GABLES is located on FORGE HILL in HAMPSTEAD NORREYS, in the RG18 postcode district. The below map shows the position of THE GABLES on FORGE HILL.