FAIROAK COTTAGE, WHITCHURCH HILL, READING, RG8 7PG - £452,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

FAIROAK COTTAGE is a midsized detached house of 144m², built sometime between 1996 and 2002, which could now be worth an estimated £766,869. It was last sold for £452,500 in August 2010, which was around 3% below the average August 2010 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

FAIROAK COTTAGE Sold Prices

Land registry data shows three sales for FAIROAK COTTAGE 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 FAIROAK COTTAGE 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
2010 20 AUG	£452,500	£465,656	3% below HPI
1997 11 JUL	£72,500	£160,427	55% below HPI
1996 15 NOV	£50,000	£147,460	66% below HPI

FAIROAK COTTAGE 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 FAIROAK COTTAGE sales between November 1996 and August 2010 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 July 1997 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the August 2010 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might FAIROAK COTTAGE be worth now?

FAIROAK COTTAGE might now be worth an estimated £766,869.

This is based on house price inflation of 69.5%, between August 2010 and February 2025, for detached houses, in the South Oxfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69.5% inflationary increase is applied to the most recent sale price for FAIROAK COTTAGE of £452,500 on 20th August 2010. For the value to have increased from £452,500 to £766,869 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of FAIROAK COTTAGE has moved in line with the HPI for detached houses in the South Oxfordshire local authority area.
• The August 2010 sale price of £452,500 represented a fair market value for the property.
• The size, condition, and specification of FAIROAK COTTAGE has not materially changed since August 2010.

How Large is FAIROAK COTTAGE?

FAIROAK COTTAGE is 144m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 50% of detached houses houses in Whitchurch Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitchurch Hill, and where FAIROAK COTTAGE lies on this distribution: 48% of detached houses houses are smaller than FAIROAK COTTAGE, and 52% of houses are larger. Note that EPC data is not available for all properties in Whitchurch Hill.

FAIROAK COTTAGE: Plot and Title Map

FAIROAK COTTAGE sits on a plot of roughly 0.194 of an acre, or 785m². The below map shows the location of FAIROAK COTTAGE, 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 FAIROAK COTTAGE). 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 FAIROAK COTTAGE?

FAIROAK COTTAGE is located in WHITCHURCH HILL, in the RG8 postcode district. The below map shows the position of FAIROAK COTTAGE in WHITCHURCH HILL.