2, FAIRFAX CLOSE, CAVERSHAM, READING, RG4 6DA - £662,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 FAIRFAX CLOSE is a small detached house of 121m², built sometime between 1996 and 2002. It was last sold for £662,500 in March 2022, which was around 1% below the average March 2022 detached price in the Reading local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

2 FAIRFAX CLOSE Sold Prices

Land registry data shows two sales for 2 FAIRFAX CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reading local authority area for the corresponding sale date. One of the two 2 FAIRFAX CLOSE sales was for below the average price, whilst the other was 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
2022 18 MAR	£662,500	£667,671	1% below HPI
1997 31 DEC	£166,000	£154,104	8% above HPI

2 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 two 2 FAIRFAX CLOSE sales from December 1997 and March 2022 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 December 1997 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2022 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 2 FAIRFAX CLOSE?

2 FAIRFAX CLOSE is 121m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 40% of detached houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses by size in Caversham, and where 2 FAIRFAX CLOSE lies on this distribution: 39% of detached houses are smaller than 2 FAIRFAX CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Caversham.

2 FAIRFAX CLOSE: Plot and Title Map

2 FAIRFAX CLOSE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 2 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 2 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 2 FAIRFAX CLOSE?

2 FAIRFAX CLOSE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 2 on FAIRFAX CLOSE.