12, FAIRLOP CLOSE, CALCOT, READING, RG31 7EF - £274,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 FAIRLOP CLOSE is a very small extended terraced house of 56m², built sometime between 1976 and 1982, which could now be worth an estimated £319,600. It was last sold for £274,000 in November 2018, which was around 2% below the average November 2018 terraced price in the West Berkshire local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

12 FAIRLOP CLOSE Sold Prices

Land registry data shows five sales for 12 FAIRLOP CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the West Berkshire local authority area for the corresponding sale date. Most of the five 12 FAIRLOP CLOSE 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
2018 30 NOV	£274,000	£279,228	2% below HPI
2016 12 FEB	£270,000	£259,428	4% above HPI
2008 14 NOV	£183,000	£187,617	2% below HPI
2005 26 JAN	£150,000	£174,648	14% below HPI
1998 6 MAR	£81,000	£73,564	10% above HPI

12 FAIRLOP CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Berkshire local authority area over time, sourced from the HPI. The five 12 FAIRLOP CLOSE sales between March 1998 and November 2018 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 2016 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2018 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 12 FAIRLOP CLOSE be worth now?

12 FAIRLOP CLOSE might now be worth an estimated £319,600.

This is based on house price inflation of 16.6%, between November 2018 and July 2025, for terraced houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.6% inflationary increase is applied to the most recent sale price for 12 FAIRLOP CLOSE of £274,000 on 30th November 2018. For the value to have increased from £274,000 to £319,600 over the seven years and four months to July 2025, the following assumptions must hold true:

• The value of 12 FAIRLOP CLOSE has moved in line with the HPI for terraced houses in the West Berkshire local authority area.
• The November 2018 sale price of £274,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FAIRLOP CLOSE has not materially changed since November 2018.

How Large is 12 FAIRLOP CLOSE?

12 FAIRLOP CLOSE is 56m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of terraced houses houses in Reading, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Reading, and where 12 FAIRLOP CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 12 FAIRLOP CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Reading.

12 FAIRLOP CLOSE: Plot and Title Map

12 FAIRLOP CLOSE sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 12 FAIRLOP 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 12 FAIRLOP 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 12 FAIRLOP CLOSE?

12 FAIRLOP CLOSE is located in CALCOT, in the RG31 postcode district. The below map shows the position of No. 12 on FAIRLOP CLOSE.