FAIRWAY, GORING ROAD, WOODCOTE, READING, RG8 0QE - £730,000

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

FAIRWAY is a very small detached house of 61m², built sometime between 1930 and 1949, which could now be worth an estimated £757,339. It was last sold for £730,000 in July 2022, which was around 4% below the average July 2022 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.

FAIRWAY Sold Prices

Land registry data shows two sales for FAIRWAY 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. Both of the two FAIRWAY 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
2022 15 JUL	£730,000	£758,884	4% below HPI
2013 9 DEC	£350,000	£499,151	30% below HPI

FAIRWAY 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 FAIRWAY sales from December 2013 and July 2022 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 December 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might FAIRWAY be worth now?

FAIRWAY might now be worth an estimated £757,339.

This is based on house price inflation of 3.7%, between July 2022 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 3.7% inflationary increase is applied to the most recent sale price for FAIRWAY of £730,000 on 15th July 2022. For the value to have increased from £730,000 to £757,339 over the one year and seven months to December 2024, the following assumptions must hold true:

• The value of FAIRWAY has moved in line with the HPI for detached houses in the South Oxfordshire local authority area.
• The July 2022 sale price of £730,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRWAY has not materially changed since July 2022.

How Large is FAIRWAY?

FAIRWAY is 61m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% 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 FAIRWAY lies on this distribution: 1% of detached houses houses are smaller than FAIRWAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Woodcote.

FAIRWAY: Plot and Title Map

FAIRWAY sits on a plot of roughly 0.172 of an acre, or 698m². The below map shows the location of FAIRWAY, 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 FAIRWAY). 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 FAIRWAY?

FAIRWAY is located on GORING ROAD in WOODCOTE, in the RG8 postcode district. The below map shows the position of FAIRWAY on GORING ROAD.