FAIRVIEW, BEECH LANE, WOODCOTE, READING, RG8 0PX - £785,000

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

FAIRVIEW is a small extended detached house of 104m², built sometime before 1900, which could now be worth an estimated £803,677. It was last sold for £785,000 in August 2024, which was around 2% above the average August 2024 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

FAIRVIEW Sold Prices

Land registry data shows two sales for FAIRVIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. One of the two FAIRVIEW sales was for above the average price, whilst the other was roughly equal to 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
2024 23 AUG	£785,000	£769,008	2% above HPI
2018 9 NOV	£645,000	£642,719	Close to HPI

FAIRVIEW 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 two FAIRVIEW sales from November 2018 and August 2024 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 November 2018 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2024 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might FAIRVIEW be worth now?

FAIRVIEW might now be worth an estimated £803,677.

This is based on house price inflation of 2.4%, between August 2024 and December 2024, 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 2.4% inflationary increase is applied to the most recent sale price for FAIRVIEW of £785,000 on 23rd August 2024. For the value to have increased from £785,000 to £803,677 over the eight months to December 2024, the following assumptions must hold true:

• The value of FAIRVIEW has moved in line with the HPI for detached houses in the South Oxfordshire local authority area.
• The August 2024 sale price of £785,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRVIEW has not materially changed since August 2024.

How Large is FAIRVIEW?

FAIRVIEW is 104m², which includes three extensions, according to the EPC inspection conducted in April 2018. This puts it in the smallest 30% of detached houses houses in Woodcote, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodcote, and where FAIRVIEW lies on this distribution: 22% of detached houses houses are smaller than FAIRVIEW, and 78% of houses are larger. Note that EPC data is not available for all properties in Woodcote.

FAIRVIEW: Plot and Title Map

FAIRVIEW sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of FAIRVIEW, 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 FAIRVIEW). 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 FAIRVIEW?

FAIRVIEW is located on BEECH LANE in WOODCOTE, in the RG8 postcode district. The below map shows the position of FAIRVIEW on BEECH LANE.