11, FAIRFAX CLOSE, CAVERSHAM, READING, RG4 6DA - £735,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 FAIRFAX CLOSE is a midsized detached house of 139m², built sometime between 1996 and 2002. It was last sold for £735,000 in June 2021, which was around 20% above the average June 2021 detached price in the Reading local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

11 FAIRFAX CLOSE Sold Prices

Land registry data shows four sales for 11 FAIRFAX CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Reading local authority area for the corresponding sale date. All of the four 11 FAIRFAX CLOSE 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
2021 28 JUN	£735,000	£615,016	20% above HPI
2010 28 MAY	£425,000	£385,420	10% above HPI
2001 29 MAY	£320,000	£262,762	22% above HPI
1998 30 JAN	£175,000	£161,338	8% above HPI

11 FAIRFAX CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reading local authority area over time, sourced from the HPI. The four 11 FAIRFAX CLOSE sales between January 1998 and June 2021 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 May 2010 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2021 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 11 FAIRFAX CLOSE be worth now?

11 FAIRFAX CLOSE might now be worth an estimated £834,643.

This is based on house price inflation of 13.6%, between June 2021 and December 2024, for detached houses, in the Reading local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.6% inflationary increase is applied to the most recent sale price for 11 FAIRFAX CLOSE of £735,000 on 28th June 2021. For the value to have increased from £735,000 to £834,643 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 11 FAIRFAX CLOSE has moved in line with the HPI for detached houses in the Reading local authority area.
• The June 2021 sale price of £735,000 represented a fair market value for the property.
• The size, condition, and specification of 11 FAIRFAX CLOSE has not materially changed since June 2021.

How Large is 11 FAIRFAX CLOSE?

11 FAIRFAX CLOSE is 139m² according to the EPC inspection conducted in April 2021. This puts it in the largest 50% of detached houses houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caversham, and where 11 FAIRFAX CLOSE lies on this distribution: 54% of detached houses houses are smaller than 11 FAIRFAX CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Caversham.

11 FAIRFAX CLOSE: Plot and Title Map

11 FAIRFAX CLOSE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 11 FAIRFAX CLOSE, 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 11 FAIRFAX CLOSE). 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 11 FAIRFAX CLOSE?

11 FAIRFAX CLOSE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 11 on FAIRFAX CLOSE.