THE STABLES, PELICAN LANE, NEWBURY, RG14 1NP - £310,000

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.

THE STABLES is a very small extended detached house of 91m², built sometime between 1900 and 1929, which could now be worth an estimated £402,534. It was last sold for £310,000 in November 2015, which was around 43% below the average November 2015 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2023, where the current energy rating was E, and the potential energy rating was C.

THE STABLES Sold Prices

Land registry data shows three sales for THE STABLES 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 STABLES 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
2015 19 NOV	£310,000	£540,724	43% below HPI
2012 24 AUG	£250,000	£427,043	41% below HPI
2007 23 MAY	£120,000	£397,410	70% below HPI

THE STABLES 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 STABLES sales between May 2007 and November 2015 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 2012 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2015 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might THE STABLES be worth now?

THE STABLES might now be worth an estimated £402,534.

This is based on house price inflation of 29.8%, between November 2015 and March 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 29.8% inflationary increase is applied to the most recent sale price for THE STABLES of £310,000 on 19th November 2015. For the value to have increased from £310,000 to £402,534 over the ten years and eight months to March 2025, the following assumptions must hold true:

• The value of THE STABLES has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The November 2015 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of THE STABLES has not materially changed since November 2015.

How Large is THE STABLES?

THE STABLES is 91m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% 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 STABLES lies on this distribution: 17% of detached houses houses are smaller than THE STABLES, and 83% of houses are larger. Note that EPC data is not available for all properties in Newbury.

THE STABLES: Plot and Title Map

THE STABLES sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of THE STABLES, 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 STABLES). 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 STABLES?

THE STABLES is located on PELICAN LANE in NEWBURY, in the RG14 postcode district. The below map shows the position of THE STABLES on PELICAN LANE.