THE OLD POST OFFICE, BATH ROAD, SPEEN, NEWBURY, RG14 1QY - £775,000

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 OLD POST OFFICE is a midsized detached house of 135m², built sometime before 1900. It was last sold for £775,000 in April 2024, which was around 20% above the average April 2024 detached price in the West Berkshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was C.

THE OLD POST OFFICE Sold Prices

Land registry data shows three sales for THE OLD POST OFFICE 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. Two of the three THE OLD POST OFFICE sales were for above the average price, whilst one 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
2024 4 APR	£775,000	£646,019	20% above HPI
2018 17 AUG	£250,000	£584,426	57% below HPI
1998 4 MAR	£180,000	£161,679	11% above HPI

THE OLD POST OFFICE 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 OLD POST OFFICE sales between March 1998 and April 2024 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 2018 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the April 2024 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is THE OLD POST OFFICE?

THE OLD POST OFFICE is 135m² according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of detached houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses by size in Newbury, and where THE OLD POST OFFICE lies on this distribution: 55% of detached houses are smaller than THE OLD POST OFFICE, and 44% of houses are larger. Note that EPC data is not available for all properties in Newbury.

THE OLD POST OFFICE: Plot and Title Map

THE OLD POST OFFICE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of THE OLD POST OFFICE, 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 OLD POST OFFICE). 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 OLD POST OFFICE?

THE OLD POST OFFICE is located on BATH ROAD in SPEEN, in the RG14 postcode district. The below map shows the position of THE OLD POST OFFICE on BATH ROAD.