2, PRESTON PLACE, NEWBURY, RG14 2SE - £250,000

2 PRESTON PLACE is a midsized detached house of 125m², built sometime between 1991 and 1995. It was last sold for £250,000 in May 2009, which was around 26% below the average May 2009 detached price in the West Berkshire local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

2 PRESTON PLACE Sold Prices

Land registry data shows two sales for 2 PRESTON PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two 2 PRESTON PLACE 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
2009 15 MAY	£250,000	£339,845	26% below HPI
1998 31 JUL	£130,000	£169,826	23% below HPI

2 PRESTON PLACE 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 two 2 PRESTON PLACE sales from July 1998 and May 2009 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 1998 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2009 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 PRESTON PLACE?

2 PRESTON PLACE is 125m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 50% of detached houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses by size in Newbury, and where 2 PRESTON PLACE lies on this distribution: 48% of detached houses are smaller than 2 PRESTON PLACE, and 52% of houses are larger. Note that EPC data is not available for all properties in Newbury.

2 PRESTON PLACE: Plot and Title Map

2 PRESTON PLACE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 2 PRESTON PLACE, 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 2 PRESTON PLACE). 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 2 PRESTON PLACE?

2 PRESTON PLACE is located in NEWBURY, in the RG14 postcode district. The below map shows the position of No. 2 on PRESTON PLACE.