8, HEREWOOD CLOSE, NEWBURY, RG14 1PY - £315,000

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.

8 HEREWOOD CLOSE is a very small terraced house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £394,312. It was last sold for £315,000 in April 2016, which was around 21% above the average April 2016 terraced price in the West Berkshire local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was C.

8 HEREWOOD CLOSE Sold Prices

Land registry data shows two sales for 8 HEREWOOD CLOSE 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. One of the two 8 HEREWOOD CLOSE sales was for above the average price, whilst the other was 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
2016 8 APR	£315,000	£260,187	21% above HPI
1996 12 DEC	£44,000	£62,150	29% below HPI

8 HEREWOOD CLOSE 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 8 HEREWOOD CLOSE sales from December 1996 and April 2016 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 1996 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2016 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 8 HEREWOOD CLOSE be worth now?

8 HEREWOOD CLOSE might now be worth an estimated £394,312.

This is based on house price inflation of 25.2%, between April 2016 and July 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 25.2% inflationary increase is applied to the most recent sale price for 8 HEREWOOD CLOSE of £315,000 on 8th April 2016. For the value to have increased from £315,000 to £394,312 over the eight years and nine months to July 2025, the following assumptions must hold true:

• The value of 8 HEREWOOD CLOSE has moved in line with the HPI for terraced houses in the West Berkshire local authority area.
• The April 2016 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HEREWOOD CLOSE has not materially changed since April 2016.

How Large is 8 HEREWOOD CLOSE?

8 HEREWOOD CLOSE is 78m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% 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 8 HEREWOOD CLOSE lies on this distribution: 7% of terraced houses houses are smaller than 8 HEREWOOD CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Newbury.

8 HEREWOOD CLOSE: Plot and Title Map

8 HEREWOOD CLOSE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 8 HEREWOOD CLOSE, 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 8 HEREWOOD CLOSE). 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 8 HEREWOOD CLOSE?

8 HEREWOOD CLOSE is located in NEWBURY, in the RG14 postcode district. The below map shows the position of No. 8 on HEREWOOD CLOSE.