18, FAIRFAX CLOSE, CAVERSHAM, READING, RG4 6DA - £350,000

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.

18 FAIRFAX CLOSE is a midsized detached house of 130m², built sometime between 1996 and 2002, which could now be worth an estimated £731,062. It was last sold for £350,000 in March 2004, which was around 6% above the average March 2004 detached price in the Reading local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

18 FAIRFAX CLOSE Sold Prices

Land registry data shows three sales for 18 FAIRFAX CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reading local authority area for the corresponding sale date. The three 18 FAIRFAX CLOSE sales were a mix of above the average price, and roughly equal to 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
2004 19 MAR	£350,000	£331,615	6% above HPI
2000 11 MAY	£249,950	£249,364	Close to HPI
1997 25 JUL	£156,995	£139,706	12% above HPI

18 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 three 18 FAIRFAX CLOSE sales between July 1997 and March 2004 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 2000 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2004 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 18 FAIRFAX CLOSE be worth now?

18 FAIRFAX CLOSE might now be worth an estimated £731,062.

This is based on house price inflation of 108.9%, between March 2004 and February 2025, 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 108.9% inflationary increase is applied to the most recent sale price for 18 FAIRFAX CLOSE of £350,000 on 19th March 2004. For the value to have increased from £350,000 to £731,062 over the 21 years and one month to February 2025, the following assumptions must hold true:

• The value of 18 FAIRFAX CLOSE has moved in line with the HPI for detached houses in the Reading local authority area.
• The March 2004 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 18 FAIRFAX CLOSE has not materially changed since March 2004.

How Large is 18 FAIRFAX CLOSE?

18 FAIRFAX CLOSE is 130m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 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 18 FAIRFAX CLOSE lies on this distribution: 46% of detached houses houses are smaller than 18 FAIRFAX CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Caversham.

18 FAIRFAX CLOSE: Plot and Title Map

18 FAIRFAX CLOSE sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 18 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 18 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 18 FAIRFAX CLOSE?

18 FAIRFAX CLOSE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 18 on FAIRFAX CLOSE.