Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
15 FAIRVIEW AVENUE is a very small detached house of 56m², built sometime between 1930 and 1949. It was last sold for £337,000 in October 2018, which was around 47% below the average October 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows five sales for 15 FAIRVIEW AVENUE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the five 15 FAIRVIEW AVENUE 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 26 OCT | £337,000 | £630,352 | 47% below HPI |
2013 11 NOV | £247,500 | £453,006 | 45% below HPI |
2007 15 MAY | £237,500 | £406,583 | 42% below HPI |
2007 13 FEB | £218,000 | £396,238 | 45% below HPI |
1997 1 OCT | £90,000 | £167,935 | 46% below HPI |
The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The five 15 FAIRVIEW AVENUE sales between October 1997 and October 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 November 2013 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2018 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.
15 FAIRVIEW AVENUE is 56m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 15 FAIRVIEW AVENUE lies on this distribution: 2% of detached houses are smaller than 15 FAIRVIEW AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Reading.
15 FAIRVIEW AVENUE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 15 FAIRVIEW AVENUE, 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 15 FAIRVIEW AVENUE). 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.
15 FAIRVIEW AVENUE is located in EARLEY, in the RG6 postcode district. The below map shows the position of No. 15 on FAIRVIEW AVENUE.