2, THE MEWS, NEWBURY, RG14 5XY - £265,000

2 THE MEWS is a very small detached house of 92m², built sometime between 2003 and 2006. It was last sold for £265,000 in September 2012, which was around 36% below the average September 2012 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

2 THE MEWS Sold Prices

Land registry data shows three sales for 2 THE MEWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the three 2 THE MEWS 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
2012 21 SEP	£265,000	£415,159	36% below HPI
2006 15 FEB	£234,000	£333,168	30% below HPI
1998 20 FEB	£105,000	£163,689	36% below HPI

2 THE MEWS 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 three 2 THE MEWS sales between February 1998 and September 2012 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 February 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2012 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 2 THE MEWS?

2 THE MEWS is 92m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% 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 THE MEWS lies on this distribution: 18% of detached houses are smaller than 2 THE MEWS, and 81% of houses are larger. Note that EPC data is not available for all properties in Newbury.

2 THE MEWS: Plot and Title Map

2 THE MEWS sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 2 THE MEWS, 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 THE MEWS). 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 THE MEWS?

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