FAILTE, BASINGSTOKE ROAD, RISELEY, READING, RG7 1QF - £660,000

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

FAILTE is a very large extended detached house of 177m², built sometime between 1950 and 1966. It was last sold for £660,000 in January 2017, which was around 6% above the average January 2017 detached price in the Wokingham local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was D.

FAILTE Sold Prices

Land registry data shows four sales for FAILTE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. two of the four FAILTE sales were for above the average price, and four 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
2017 27 JAN	£660,000	£624,547	6% above HPI
2013 27 SEP	£399,950	£441,071	9% below HPI
2004 27 AUG	£320,000	£347,782	8% below HPI
1999 3 DEC	£250,000	£225,923	11% above HPI

FAILTE 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 four FAILTE sales between December 1999 and January 2017 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 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2017 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is FAILTE?

FAILTE is 177m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 20% of detached houses in Riseley, based on EPC data. The below chart shows the distribution of detached houses by size in Riseley, and where FAILTE lies on this distribution: 80% of detached houses are smaller than FAILTE, and 20% of houses are larger. Note that EPC data is not available for all properties in Riseley.

FAILTE: Plot and Title Map

FAILTE sits on a plot of roughly 0.169 of an acre, or 683m². The below map shows the location of FAILTE, 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 FAILTE). 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 FAILTE?

FAILTE is located on BASINGSTOKE ROAD in RISELEY, in the RG7 postcode district. The below map shows the position of FAILTE on BASINGSTOKE ROAD.