TREES, WATER LANE, GREENHAM, THATCHAM, RG19 8SH - £627,000

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

TREES is a large extended semi-detached house of 189m², built sometime between 2003 and 2006. It was last sold for £627,000 in September 2018, which was around 6% above the average September 2018 detached price in the West Berkshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

TREES Sold Prices

Land registry data shows four sales for TREES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. two of the four TREES sales were for above the average price, and four 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
2018 13 SEP	£627,000	£589,989	6% above HPI
2015 24 JUL	£570,000	£490,043	16% above HPI
2003 17 JAN	£271,000	£321,231	16% below HPI
1999 30 APR	£126,000	£182,331	31% below HPI

TREES 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 four TREES sales between April 1999 and September 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 July 2015 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the September 2018 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is TREES?

TREES is 189m², which includes three extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 30% of detached houses in Greenham, based on EPC data. The below chart shows the distribution of detached houses by size in Greenham, and where TREES lies on this distribution: 75% of detached houses are smaller than TREES, and 25% of houses are larger. Note that EPC data is not available for all properties in Greenham.

TREES: Plot and Title Map

TREES sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of TREES, 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 TREES). 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 TREES?

TREES is located on WATER LANE in GREENHAM, in the RG19 postcode district. The below map shows the position of TREES on WATER LANE.