38, FAIRFORD ROAD, TILEHURST, READING, RG31 6QB - £430,000

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

38 FAIRFORD ROAD is a very small extended detached house of 82m², built sometime between 1967 and 1975. It was last sold for £430,000 in February 2023, which was around 37% below the average February 2023 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

38 FAIRFORD ROAD Sold Prices

Land registry data shows three sales for 38 FAIRFORD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the three 38 FAIRFORD ROAD 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
2023 3 FEB	£430,000	£681,408	37% below HPI
2016 12 AUG	£383,000	£557,130	31% below HPI
2002 14 MAY	£169,950	£281,918	40% below HPI

38 FAIRFORD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The three 38 FAIRFORD ROAD sales between May 2002 and February 2023 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 August 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2023 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 38 FAIRFORD ROAD?

38 FAIRFORD ROAD is 82m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of detached houses in Reading, based on EPC data. The below chart shows the distribution of detached houses by size in Reading, and where 38 FAIRFORD ROAD lies on this distribution: 13% of detached houses are smaller than 38 FAIRFORD ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Reading.

38 FAIRFORD ROAD: Plot and Title Map

38 FAIRFORD ROAD sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 38 FAIRFORD ROAD, 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 38 FAIRFORD ROAD). 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 38 FAIRFORD ROAD?

38 FAIRFORD ROAD is located in TILEHURST, in the RG31 postcode district. The below map shows the position of No. 38 on FAIRFORD ROAD.