3, THE MEWS, NEWBURY, RG14 5XY - £269,950

3 THE MEWS is a very small extended detached house of 72m², built sometime between 1996 and 2002. It was last sold for £269,950 in October 2011, which was around 33% below the average October 2011 detached price in the West Berkshire local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

3 THE MEWS Sold Prices

Land registry data shows four sales for 3 THE MEWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the four 3 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
2011 18 OCT	£269,950	£404,864	33% below HPI
2002 12 SEP	£177,000	£303,905	42% below HPI
1999 20 AUG	£138,500	£197,008	30% below HPI
1998 20 MAR	£102,950	£161,679	36% below HPI

3 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 four 3 THE MEWS sales between March 1998 and October 2011 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 September 2002 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2011 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 3 THE MEWS?

3 THE MEWS is 72m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses by size in Newbury, and where 3 THE MEWS lies on this distribution: 4% of detached houses are smaller than 3 THE MEWS, and 95% of houses are larger. Note that EPC data is not available for all properties in Newbury.

3 THE MEWS: Plot and Title Map

3 THE MEWS sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 3 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 3 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 3 THE MEWS?

3 THE MEWS is located in NEWBURY, in the RG14 postcode district. The below map shows the position of No. 3 on THE MEWS.