9, FAIRFAX CLOSE, CAVERSHAM, READING, RG4 6DA - £635,000

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

9 FAIRFAX CLOSE is a midsized detached house of 144m², built sometime between 1991 and 1995. It was last sold for £635,000 in November 2019, which was around 8% above the average November 2019 detached price in the Reading local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

9 FAIRFAX CLOSE Sold Prices

Land registry data shows three sales for 9 FAIRFAX CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reading local authority area for the corresponding sale date. All of the three 9 FAIRFAX CLOSE sales were for above 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
2019 15 NOV	£635,000	£586,527	8% above HPI
1999 9 AUG	£242,000	£195,018	24% above HPI
1997 19 SEP	£185,000	£145,777	27% above HPI

9 FAIRFAX CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reading local authority area over time, sourced from the HPI. The three 9 FAIRFAX CLOSE sales between September 1997 and November 2019 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 1999 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the November 2019 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 9 FAIRFAX CLOSE?

9 FAIRFAX CLOSE is 144m² according to the EPC inspection conducted in March 2018. This puts it in the largest 50% of detached houses in Caversham, based on EPC data. The below chart shows the distribution of detached houses by size in Caversham, and where 9 FAIRFAX CLOSE lies on this distribution: 58% of detached houses are smaller than 9 FAIRFAX CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Caversham.

9 FAIRFAX CLOSE: Plot and Title Map

9 FAIRFAX CLOSE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 9 FAIRFAX 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 9 FAIRFAX 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 9 FAIRFAX CLOSE?

9 FAIRFAX CLOSE is located in CAVERSHAM, in the RG4 postcode district. The below map shows the position of No. 9 on FAIRFAX CLOSE.