47, FAYGATE WAY, LOWER EARLEY, READING, RG6 4DA - £373,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

47 FAYGATE WAY is a very small detached house of 71m², built sometime between 1983 and 1990. It was last sold for £373,000 in November 2017, which was around 40% below the average November 2017 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

47 FAYGATE WAY Sold Prices

Land registry data shows five sales for 47 FAYGATE WAY since 1^st 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 47 FAYGATE WAY 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
2017 3 NOV	£373,000	£626,052	40% below HPI
2012 14 MAR	£260,000	£405,219	36% below HPI
2001 7 DEC	£163,000	£291,198	44% below HPI
1997 1 MAY	£86,995	£151,959	43% below HPI
1995 11 AUG	£76,000	£133,248	43% below HPI

47 FAYGATE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The five 47 FAYGATE WAY sales between August 1995 and November 2017 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 March 2012 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2017 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 47 FAYGATE WAY?

47 FAYGATE WAY is 71m² according to the EPC inspection conducted in September 2011. 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 47 FAYGATE WAY lies on this distribution: 6% of detached houses are smaller than 47 FAYGATE WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Reading.

47 FAYGATE WAY: Plot and Title Map

47 FAYGATE WAY sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 47 FAYGATE WAY, 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 47 FAYGATE WAY). 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 47 FAYGATE WAY?

47 FAYGATE WAY is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 47 on FAYGATE WAY.