55, FAYGATE WAY, LOWER EARLEY, READING, RG6 4DA - £420,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

55 FAYGATE WAY is a very small extended semi-detached house of 71m², built sometime between 1976 and 1982, which could now be worth an estimated £448,626. It was last sold for £420,000 in December 2023, which was around 10% below the average December 2023 semi-detached price in the Wokingham local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

55 FAYGATE WAY Sold Prices

Land registry data shows four sales for 55 FAYGATE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Wokingham local authority area for the corresponding sale date. All of the four 55 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
2023 12 DEC	£420,000	£465,866	10% below HPI
2022 4 MAR	£400,000	£451,588	11% below HPI
2002 29 OCT	£199,950	£201,757	1% below HPI
1997 17 OCT	£95,000	£103,686	8% below HPI

55 FAYGATE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wokingham local authority area over time, sourced from the HPI. The four 55 FAYGATE WAY sales between October 1997 and December 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 March 2022 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 55 FAYGATE WAY be worth now?

55 FAYGATE WAY might now be worth an estimated £448,626.

This is based on house price inflation of 6.8%, between December 2023 and December 2024, for semi-detached houses, in the Wokingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.8% inflationary increase is applied to the most recent sale price for 55 FAYGATE WAY of £420,000 on 12th December 2023. For the value to have increased from £420,000 to £448,626 over the one year to December 2024, the following assumptions must hold true:

• The value of 55 FAYGATE WAY has moved in line with the HPI for semi-detached houses in the Wokingham local authority area.
• The December 2023 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 55 FAYGATE WAY has not materially changed since December 2023.

How Large is 55 FAYGATE WAY?

55 FAYGATE WAY is 71m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of semi-detached houses houses in Reading, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reading, and where 55 FAYGATE WAY lies on this distribution: 6% of semi-detached houses houses are smaller than 55 FAYGATE WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Reading.

55 FAYGATE WAY: Plot and Title Map

55 FAYGATE WAY sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 55 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 55 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 55 FAYGATE WAY?

55 FAYGATE WAY is located in LOWER EARLEY, in the RG6 postcode district. The below map shows the position of No. 55 on FAYGATE WAY.