1, HEREWOOD CLOSE, NEWBURY, RG14 1PY - £330,000

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.

1 HEREWOOD CLOSE is a very small semi-detached house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £345,210. It was last sold for £330,000 in November 2022, which was around 16% below the average November 2022 semi-detached price in the West Berkshire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

1 HEREWOOD CLOSE Sold Prices

Land registry data shows three sales for 1 HEREWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the West Berkshire local authority area for the corresponding sale date. All of the three 1 HEREWOOD CLOSE 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
2022 24 NOV	£330,000	£395,109	16% below HPI
2008 10 APR	£215,000	£231,940	7% below HPI
2002 2 JUL	£150,000	£163,918	8% below HPI

1 HEREWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Berkshire local authority area over time, sourced from the HPI. The three 1 HEREWOOD CLOSE sales between July 2002 and November 2022 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 April 2008 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 1 HEREWOOD CLOSE be worth now?

1 HEREWOOD CLOSE might now be worth an estimated £345,210.

This is based on house price inflation of 4.6%, between November 2022 and March 2025, for semi-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 4.6% inflationary increase is applied to the most recent sale price for 1 HEREWOOD CLOSE of £330,000 on 24th November 2022. For the value to have increased from £330,000 to £345,210 over the three years and eight months to March 2025, the following assumptions must hold true:

• The value of 1 HEREWOOD CLOSE has moved in line with the HPI for semi-detached houses in the West Berkshire local authority area.
• The November 2022 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HEREWOOD CLOSE has not materially changed since November 2022.

How Large is 1 HEREWOOD CLOSE?

1 HEREWOOD CLOSE is 77m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of semi-detached houses houses in Newbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newbury, and where 1 HEREWOOD CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 1 HEREWOOD CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Newbury.

1 HEREWOOD CLOSE: Plot and Title Map

1 HEREWOOD CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 1 HEREWOOD CLOSE, 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 1 HEREWOOD CLOSE). 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 1 HEREWOOD CLOSE?

1 HEREWOOD CLOSE is located in NEWBURY, in the RG14 postcode district. The below map shows the position of No. 1 on HEREWOOD CLOSE.