12, GRIFFITHS CLOSE, THATCHAM, RG19 4FH - £255,500

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.

12 GRIFFITHS CLOSE is a very small terraced house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £313,704. It was last sold for £255,500 in June 2018, which was around 6% below the average June 2018 terraced price in the West Berkshire local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was A.

12 GRIFFITHS CLOSE Sold Prices

Land registry data shows three sales for 12 GRIFFITHS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the West Berkshire local authority area for the corresponding sale date. Two of the three 12 GRIFFITHS CLOSE sales were for below the average price, whilst one was for above 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 22 JUN	£255,500	£271,374	6% below HPI
2013 27 NOV	£182,500	£210,426	13% below HPI
1996 1 APR	£62,000	£55,913	11% above HPI

12 GRIFFITHS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Berkshire local authority area over time, sourced from the HPI. The three 12 GRIFFITHS CLOSE sales between April 1996 and June 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 November 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2018 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 12 GRIFFITHS CLOSE be worth now?

12 GRIFFITHS CLOSE might now be worth an estimated £313,704.

This is based on house price inflation of 22.8%, between June 2018 and April 2026, for terraced 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 22.8% inflationary increase is applied to the most recent sale price for 12 GRIFFITHS CLOSE of £255,500 on 22nd June 2018. For the value to have increased from £255,500 to £313,704 over the eight years and two months to April 2026, the following assumptions must hold true:

• The value of 12 GRIFFITHS CLOSE has moved in line with the HPI for terraced houses in the West Berkshire local authority area.
• The June 2018 sale price of £255,500 represented a fair market value for the property.
• The size, condition, and specification of 12 GRIFFITHS CLOSE has not materially changed since June 2018.

How Large is 12 GRIFFITHS CLOSE?

12 GRIFFITHS CLOSE is 54m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of terraced houses houses in Thatcham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Thatcham, and where 12 GRIFFITHS CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 12 GRIFFITHS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Thatcham.

12 GRIFFITHS CLOSE: Plot and Title Map

12 GRIFFITHS CLOSE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 12 GRIFFITHS 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 12 GRIFFITHS 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 12 GRIFFITHS CLOSE?

12 GRIFFITHS CLOSE is located in THATCHAM, in the RG19 postcode district. The below map shows the position of No. 12 on GRIFFITHS CLOSE.