CHESTNUTS, FLOWERS HILL, PANGBOURNE, READING, RG8 7BD - £1,950,000

CHESTNUTS is a very large extended detached house of 534m², built sometime between 2003 and 2006. It was last sold for £1,950,000 in May 2014, which was around 335% above the average May 2014 detached price in the West Berkshire local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was C.

CHESTNUTS Sold Prices

Land registry data shows four sales for CHESTNUTS 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 CHESTNUTS sales were for above 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
2014 9 MAY	£1,950,000	£447,943	335% above HPI
2012 20 JAN	£1,515,000	£398,649	280% above HPI
2006 26 JAN	£1,400,000	£331,720	322% above HPI
2000 24 MAR	£370,000	£222,908	66% above HPI

CHESTNUTS 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 CHESTNUTS sales between March 2000 and May 2014 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 January 2012 sale was for 280% above the HPI. So the extrapolation line tracks at 280% above the HPI over time, until the May 2014 sale, where it rises to 335% above the HPI. The line then continues to track at 335% above the HPI.

How Large is CHESTNUTS?

CHESTNUTS is 534m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 10% of detached houses in Pangbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Pangbourne, and where CHESTNUTS lies on this distribution: More than 99% of detached houses are smaller than CHESTNUTS, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Pangbourne.

CHESTNUTS: Plot and Title Map

CHESTNUTS sits on a plot of roughly 0.678 of an acre, or 2,745m². The below map shows the location of CHESTNUTS, 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 CHESTNUTS). 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 CHESTNUTS?

CHESTNUTS is located on FLOWERS HILL in PANGBOURNE, in the RG8 postcode district. The below map shows the position of CHESTNUTS on FLOWERS HILL.