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

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

FAIROAK COTTAGE is a midsized detached house of 144m², built sometime between 1996 and 2002. It was last sold for £452,500 in August 2010, which was around 5% 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	£476,035	5% below HPI
1997 11 JUL	£72,500	£164,003	56% below HPI
1996 15 NOV	£50,000	£150,747	67% 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 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the August 2010 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

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 in Whitchurch Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Whitchurch Hill, and where FAIROAK COTTAGE lies on this distribution: 48% of detached 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.