MERRIFIELD, NEW ROAD, NEWBURY, RG14 7RY - £625,000

MERRIFIELD is a small extended detached house of 109m², built sometime between 1983 and 1990. It was last sold for £625,000 in October 2023, which was around 12% below the average October 2023 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

MERRIFIELD Sold Prices

Land registry data shows two sales for MERRIFIELD 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 MERRIFIELD 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
2023 5 OCT	£625,000	£708,558	12% below HPI
2020 3 FEB	£450,000	£565,793	20% below HPI

MERRIFIELD 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 MERRIFIELD sales from February 2020 and October 2023 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 2020 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is MERRIFIELD?

MERRIFIELD is 109m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the smallest 40% of detached houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses by size in Newbury, and where MERRIFIELD lies on this distribution: 34% of detached houses are smaller than MERRIFIELD, and 65% of houses are larger. Note that EPC data is not available for all properties in Newbury.

MERRIFIELD: Plot and Title Map

MERRIFIELD sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of MERRIFIELD, 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 MERRIFIELD). 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 MERRIFIELD?

MERRIFIELD is located on NEW ROAD in NEWBURY, in the RG14 postcode district. The below map shows the position of MERRIFIELD on NEW ROAD.