FAIRLIGHT, HIGH STREET, HERMITAGE, THATCHAM, RG18 9ST - £340,000

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

FAIRLIGHT is a very small extended detached house of 80m², built sometime before 1900. It was last sold for £340,000 in May 2013, which was around 20% below the average May 2013 detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2012, where the current energy rating was E, and the potential energy rating was C.

FAIRLIGHT Sold Prices

Land registry data shows two sales for FAIRLIGHT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. Both of the two FAIRLIGHT 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
2013 13 MAY	£340,000	£423,396	20% below HPI
2005 24 JUN	£307,500	£340,835	10% below HPI

FAIRLIGHT Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The two FAIRLIGHT sales from June 2005 and May 2013 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 June 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2013 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is FAIRLIGHT?

FAIRLIGHT is 80m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 10% of detached houses in Hermitage, based on EPC data. The below chart shows the distribution of detached houses by size in Hermitage, and where FAIRLIGHT lies on this distribution: 5% of detached houses are smaller than FAIRLIGHT, and 95% of houses are larger. Note that EPC data is not available for all properties in Hermitage.

FAIRLIGHT: Plot and Title Map

FAIRLIGHT sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of FAIRLIGHT, 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 FAIRLIGHT). 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 FAIRLIGHT?

FAIRLIGHT is located on HIGH STREET in HERMITAGE, in the RG18 postcode district. The below map shows the position of FAIRLIGHT on HIGH STREET.