51, FAYGATE WAY, LOWER EARLEY, READING, RG6 4DA - £249,950

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

51 FAYGATE WAY is a very small detached house of 54m², built sometime between 1983 and 1990. It was last sold for £249,950 in September 2007, which was around 41% below the average September 2007 detached price in the Wokingham local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

51 FAYGATE WAY Sold Prices

Land registry data shows two sales for 51 FAYGATE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Both of the two 51 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
2007 26 SEP	£249,950	£425,225	41% below HPI
2006 24 NOV	£216,000	£386,097	44% below HPI

51 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 two 51 FAYGATE WAY sales from November 2006 and September 2007 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 2006 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the September 2007 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 51 FAYGATE WAY?

51 FAYGATE WAY is 54m² according to the EPC inspection conducted in June 2023. 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 51 FAYGATE WAY lies on this distribution: 1% of detached houses are smaller than 51 FAYGATE WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Reading.

51 FAYGATE WAY: Plot and Title Map

51 FAYGATE WAY sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 51 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 51 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 51 FAYGATE WAY?

51 FAYGATE WAY is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 51 on FAYGATE WAY.