GREENWAYS, FARM ROAD, GORING, READING, RG8 0AB - £675,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

GREENWAYS is a very small extended detached house of 108m², built sometime between 1983 and 1990, which could now be worth an estimated £808,351. It was last sold for £675,000 in July 2020, which was around 2% above the average July 2020 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

GREENWAYS Sold Prices

Land registry data shows five sales for GREENWAYS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. Most of the five GREENWAYS sales were for above 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
2020 3 JUL	£675,000	£658,979	2% above HPI
2017 6 JUN	£560,000	£612,075	9% below HPI
2006 3 NOV	£430,000	£421,304	2% above HPI
2000 30 JUN	£249,500	£255,188	2% below HPI
1996 10 MAY	£145,000	£136,020	7% above HPI

GREENWAYS 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 five GREENWAYS sales between May 1996 and July 2020 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 2017 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2020 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might GREENWAYS be worth now?

GREENWAYS might now be worth an estimated £808,351.

This is based on house price inflation of 19.8%, between July 2020 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 19.8% inflationary increase is applied to the most recent sale price for GREENWAYS of £675,000 on 3rd July 2020. For the value to have increased from £675,000 to £808,351 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of GREENWAYS has moved in line with the HPI for detached houses in the South Oxfordshire local authority area.
• The July 2020 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of GREENWAYS has not materially changed since July 2020.

How Large is GREENWAYS?

GREENWAYS is 108m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% of detached houses houses in Goring, based on EPC data. The below chart shows the distribution of detached houses houses by size in Goring, and where GREENWAYS lies on this distribution: 18% of detached houses houses are smaller than GREENWAYS, and 82% of houses are larger. Note that EPC data is not available for all properties in Goring.

GREENWAYS: Plot and Title Map

GREENWAYS sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of GREENWAYS, 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 GREENWAYS). 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 GREENWAYS?

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