7, FAIRLOP CLOSE, CALCOT, READING, RG31 7EF - £270,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 FAIRLOP CLOSE is a very small extended semi-detached house of 53m², built sometime between 1983 and 1990, which could now be worth an estimated £320,170. It was last sold for £270,000 in January 2021, which was around 22% below the average January 2021 semi-detached price in the West Berkshire local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

7 FAIRLOP CLOSE Sold Prices

Land registry data shows four sales for 7 FAIRLOP CLOSE 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 West Berkshire local authority area for the corresponding sale date. All of the four 7 FAIRLOP CLOSE 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
2021 15 JAN	£270,000	£346,075	22% below HPI
2000 28 SEP	£80,000	£138,026	42% below HPI
1997 18 JUL	£77,950	£85,219	9% below HPI
1996 21 NOV	£63,500	£74,269	14% below HPI

7 FAIRLOP CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Berkshire local authority area over time, sourced from the HPI. The four 7 FAIRLOP CLOSE sales between November 1996 and January 2021 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 September 2000 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the January 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 7 FAIRLOP CLOSE be worth now?

7 FAIRLOP CLOSE might now be worth an estimated £320,170.

This is based on house price inflation of 18.6%, between January 2021 and February 2025, for semi-detached houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.6% inflationary increase is applied to the most recent sale price for 7 FAIRLOP CLOSE of £270,000 on 15th January 2021. For the value to have increased from £270,000 to £320,170 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 7 FAIRLOP CLOSE has moved in line with the HPI for semi-detached houses in the West Berkshire local authority area.
• The January 2021 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FAIRLOP CLOSE has not materially changed since January 2021.

How Large is 7 FAIRLOP CLOSE?

7 FAIRLOP CLOSE is 53m², which includes one extension, according to the EPC inspection conducted in October 2020. 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 7 FAIRLOP CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 7 FAIRLOP CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Reading.

7 FAIRLOP CLOSE: Plot and Title Map

7 FAIRLOP CLOSE sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 7 FAIRLOP 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 7 FAIRLOP 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 7 FAIRLOP CLOSE?

7 FAIRLOP CLOSE is located in CALCOT, in the RG31 postcode district. The below map shows the position of No. 7 on FAIRLOP CLOSE.