FAIRINGS, DAVIS WAY, HURST, READING, RG10 0TR - £570,000

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

FAIRINGS is a large extended detached house of 147m², built sometime between 1950 and 1966. It was last sold for £570,000 in September 2018, which was around 9% below the average September 2018 detached price in the Wokingham local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

FAIRINGS Sold Prices

Land registry data shows two sales for FAIRINGS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. Both of the two FAIRINGS 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
2018 21 SEP	£570,000	£626,514	9% below HPI
2002 30 MAY	£245,000	£298,924	18% below HPI

FAIRINGS 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 two FAIRINGS sales from May 2002 and September 2018 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 May 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2018 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is FAIRINGS?

FAIRINGS is 147m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 40% of detached houses in Winnersh, based on EPC data. The below chart shows the distribution of detached houses by size in Winnersh, and where FAIRINGS lies on this distribution: 69% of detached houses are smaller than FAIRINGS, and 30% of houses are larger. Note that EPC data is not available for all properties in Winnersh.

FAIRINGS: Plot and Title Map

FAIRINGS sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of FAIRINGS, 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 FAIRINGS). 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 FAIRINGS?

FAIRINGS is located on DAVIS WAY in HURST, in the RG10 postcode district. The below map shows the position of FAIRINGS on DAVIS WAY.