15, WEST MILLS, NEWBURY, RG14 5HG - £375,000

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.

15 WEST MILLS is a very small terraced house of 89m², built sometime before 1900, which could now be worth an estimated £430,380. It was last sold for £375,000 in August 2018, which was around 33% above the average August 2018 terraced price in the West Berkshire local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

15 WEST MILLS Sold Prices

Land registry data shows two sales for 15 WEST MILLS 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 15 WEST MILLS sales were 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 24 AUG	£375,000	£281,406	33% above HPI
2013 20 DEC	£230,000	£209,489	10% above HPI

15 WEST MILLS 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 15 WEST MILLS sales from December 2013 and August 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 December 2013 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2018 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 15 WEST MILLS be worth now?

15 WEST MILLS might now be worth an estimated £430,380.

This is based on house price inflation of 14.8%, between August 2018 and June 2025, 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 14.8% inflationary increase is applied to the most recent sale price for 15 WEST MILLS of £375,000 on 24th August 2018. For the value to have increased from £375,000 to £430,380 over the seven years and two months to June 2025, the following assumptions must hold true:

• The value of 15 WEST MILLS has moved in line with the HPI for terraced houses in the West Berkshire local authority area.
• The August 2018 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WEST MILLS has not materially changed since August 2018.

How Large is 15 WEST MILLS?

15 WEST MILLS is 89m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of terraced houses houses in Newbury, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Newbury, and where 15 WEST MILLS lies on this distribution: 16% of terraced houses houses are smaller than 15 WEST MILLS, and 84% of houses are larger. Note that EPC data is not available for all properties in Newbury.

15 WEST MILLS: Plot and Title Map

15 WEST MILLS sits on a plot of roughly 0.024 of an acre, or 97m². The below map shows the location of 15 WEST MILLS, 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 15 WEST MILLS). 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 15 WEST MILLS?

15 WEST MILLS is located in NEWBURY, in the RG14 postcode district. The below map shows the position of No. 15 on WEST MILLS.