23, PARK LANE, THATCHAM, RG18 3GB - £249,000

23 PARK LANE is a very small detached house of 51m², built sometime between 1967 and 1975. It was last sold for £249,000 in December 2013, which was around 42% below the average December 2013 detached price in the West Berkshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

23 PARK LANE Sold Prices

Land registry data shows three sales for 23 PARK LANE 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 23 PARK LANE 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
2013 11 DEC	£249,000	£429,745	42% below HPI
2008 29 FEB	£249,000	£389,017	36% below HPI
1996 3 MAY	£68,500	£125,137	45% below HPI

23 PARK LANE 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 23 PARK LANE sales between May 1996 and December 2013 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 2008 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2013 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 23 PARK LANE?

23 PARK LANE is 51m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses in Thatcham, based on EPC data. The below chart shows the distribution of detached houses by size in Thatcham, and where 23 PARK LANE lies on this distribution: Less than 1% of detached houses are smaller than 23 PARK LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Thatcham.

23 PARK LANE: Plot and Title Map

23 PARK LANE sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 23 PARK LANE, 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 23 PARK LANE). 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 23 PARK LANE?

23 PARK LANE is located in THATCHAM, in the RG18 postcode district. The below map shows the position of No. 23 on PARK LANE.