PROVIDENCE COTTAGE, GORDON ROAD, NEWBURY, RG14 5RP - £285,000

PROVIDENCE COTTAGE is a very small extended detached house of 78m², built sometime between 1900 and 1929. It was last sold for £285,000 in December 2017, which was around 50% below the average December 2017 detached price in the West Berkshire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

PROVIDENCE COTTAGE Sold Prices

Land registry data shows three sales for PROVIDENCE COTTAGE 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 PROVIDENCE COTTAGE 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
2017 14 DEC	£285,000	£570,330	50% below HPI
2014 30 SEP	£248,000	£468,094	47% below HPI
2013 15 OCT	£172,500	£433,230	60% below HPI

PROVIDENCE COTTAGE 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 PROVIDENCE COTTAGE sales between October 2013 and December 2017 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 September 2014 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the December 2017 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is PROVIDENCE COTTAGE?

PROVIDENCE COTTAGE is 78m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses by size in Newbury, and where PROVIDENCE COTTAGE lies on this distribution: 7% of detached houses are smaller than PROVIDENCE COTTAGE, and 93% of houses are larger. Note that EPC data is not available for all properties in Newbury.

PROVIDENCE COTTAGE: Plot and Title Map

PROVIDENCE COTTAGE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of PROVIDENCE COTTAGE, 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 PROVIDENCE COTTAGE). 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 PROVIDENCE COTTAGE?

PROVIDENCE COTTAGE is located on GORDON ROAD in NEWBURY, in the RG14 postcode district. The below map shows the position of PROVIDENCE COTTAGE on GORDON ROAD.