NURMAHAL, GARDEN CLOSE LANE, NEWBURY, RG14 6PP - £566,500

NURMAHAL is a small extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £566,500 in June 2022, which was around 15% below the average June 2022 detached price in the West Berkshire local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was C.

NURMAHAL Sold Prices

Land registry data shows three sales for NURMAHAL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the three NURMAHAL 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
2022 16 JUN	£566,500	£670,333	15% below HPI
2006 18 AUG	£343,500	£362,409	5% below HPI
2003 1 OCT	£285,000	£322,750	12% below HPI

NURMAHAL 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 three NURMAHAL sales between October 2003 and June 2022 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 August 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is NURMAHAL?

NURMAHAL is 115m², which includes one extension, according to the EPC inspection conducted in December 2021. 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 NURMAHAL lies on this distribution: 39% of detached houses are smaller than NURMAHAL, and 60% of houses are larger. Note that EPC data is not available for all properties in Newbury.

NURMAHAL: Plot and Title Map

NURMAHAL sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of NURMAHAL, 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 NURMAHAL). 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 NURMAHAL?

NURMAHAL is located on GARDEN CLOSE LANE in NEWBURY, in the RG14 postcode district. The below map shows the position of NURMAHAL on GARDEN CLOSE LANE.