14, GRIFFITHS CLOSE, THATCHAM, RG19 4FH - £270,000

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.

14 GRIFFITHS CLOSE is a very small terraced house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £317,708. It was last sold for £270,000 in February 2021, which was around 4% below the average February 2021 terraced price in the West Berkshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

14 GRIFFITHS CLOSE Sold Prices

Land registry data shows two sales for 14 GRIFFITHS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the West Berkshire local authority area for the corresponding sale date. Both of the two 14 GRIFFITHS 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
2021 19 FEB	£270,000	£282,557	4% below HPI
2001 24 AUG	£122,750	£123,460	1% below HPI

14 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 two 14 GRIFFITHS CLOSE sales from August 2001 and February 2021 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 2001 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 14 GRIFFITHS CLOSE be worth now?

14 GRIFFITHS CLOSE might now be worth an estimated £317,708.

This is based on house price inflation of 17.7%, between February 2021 and May 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 17.7% inflationary increase is applied to the most recent sale price for 14 GRIFFITHS CLOSE of £270,000 on 19th February 2021. For the value to have increased from £270,000 to £317,708 over the four years and nine months to May 2026, the following assumptions must hold true:

• The value of 14 GRIFFITHS CLOSE has moved in line with the HPI for terraced houses in the West Berkshire local authority area.
• The February 2021 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 14 GRIFFITHS CLOSE has not materially changed since February 2021.

How Large is 14 GRIFFITHS CLOSE?

14 GRIFFITHS CLOSE is 56m² according to the EPC inspection conducted in August 2020. 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 14 GRIFFITHS CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 14 GRIFFITHS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Thatcham.

14 GRIFFITHS CLOSE: Plot and Title Map

14 GRIFFITHS CLOSE sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 14 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 14 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 14 GRIFFITHS CLOSE?

14 GRIFFITHS CLOSE is located in THATCHAM, in the RG19 postcode district. The below map shows the position of No. 14 on GRIFFITHS CLOSE.