CHESIL BANK, FAIRFIELD ROAD, GORING, READING, RG8 0EU - £965,000

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

CHESIL BANK is a large extended detached house of 201m², built sometime between 1976 and 1982. It was last sold for £965,000 in February 2012, which was around 108% above the average February 2012 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

CHESIL BANK Sold Prices

Land registry data shows three sales for CHESIL BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. All of the three CHESIL BANK 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
2012 1 FEB	£965,000	£463,554	108% above HPI
2006 2 AUG	£780,000	£412,056	89% above HPI
2005 18 APR	£410,000	£368,865	11% above HPI

CHESIL BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The three CHESIL BANK sales between April 2005 and February 2012 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 2006 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the February 2012 sale, where it rises to 108% above the HPI. The line then continues to track at 108% above the HPI.

How Large is CHESIL BANK?

CHESIL BANK is 201m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the largest 30% of detached houses in Goring, based on EPC data. The below chart shows the distribution of detached houses by size in Goring, and where CHESIL BANK lies on this distribution: 80% of detached houses are smaller than CHESIL BANK, and 20% of houses are larger. Note that EPC data is not available for all properties in Goring.

CHESIL BANK: Plot and Title Map

CHESIL BANK sits on a plot of roughly 0.240 of an acre, or 970m². The below map shows the location of CHESIL BANK, 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 CHESIL BANK). 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 CHESIL BANK?

CHESIL BANK is located on FAIRFIELD ROAD in GORING, in the RG8 postcode district. The below map shows the position of CHESIL BANK on FAIRFIELD ROAD.