MAYFIELDS, MILL LANE, LAMBOURN, HUNGERFORD, RG17 8YN - £393,000

MAYFIELDS is a small extended detached house of 115m², built sometime between 1976 and 1982. It was last sold for £393,000 in March 2020, which was around 30% below the average March 2020 detached price in the West Berkshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

MAYFIELDS Sold Prices

Land registry data shows two sales for MAYFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two MAYFIELDS 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
2020 17 MAR	£393,000	£562,175	30% below HPI
2016 7 OCT	£325,000	£556,049	42% below HPI

MAYFIELDS 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 two MAYFIELDS sales from October 2016 and March 2020 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 October 2016 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2020 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is MAYFIELDS?

MAYFIELDS is 115m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 30% of detached houses in Lambourn, based on EPC data. The below chart shows the distribution of detached houses by size in Lambourn, and where MAYFIELDS lies on this distribution: 30% of detached houses are smaller than MAYFIELDS, and 70% of houses are larger. Note that EPC data is not available for all properties in Lambourn.

MAYFIELDS: Plot and Title Map

MAYFIELDS sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of MAYFIELDS, 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 MAYFIELDS). 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 MAYFIELDS?

MAYFIELDS is located on MILL LANE in LAMBOURN, in the RG17 postcode district. The below map shows the position of MAYFIELDS on MILL LANE.