PAVILION COTTAGES, 21, CLEEVE ROAD, GORING, READING, RG8 9BF - £485,000

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.

PAVILION COTTAGES is a very small terraced house of 91m², built sometime between 2003 and 2006, which could now be worth an estimated £549,453. It was last sold for £485,000 in June 2020, which was around 56% above the average June 2020 terraced price in the South Oxfordshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

PAVILION COTTAGES Sold Prices

Land registry data shows two sales for PAVILION COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the South Oxfordshire local authority area for the corresponding sale date. Both of the two PAVILION COTTAGES 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 5 JUN	£485,000	£311,175	56% above HPI
2007 8 JUN	£375,000	£222,101	69% above HPI

PAVILION COTTAGES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Oxfordshire local authority area over time, sourced from the HPI. The two PAVILION COTTAGES sales from June 2007 and June 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 2007 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the June 2020 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might PAVILION COTTAGES be worth now?

PAVILION COTTAGES might now be worth an estimated £549,453.

This is based on house price inflation of 13.3%, between June 2020 and June 2025, for terraced 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 13.3% inflationary increase is applied to the most recent sale price for PAVILION COTTAGES of £485,000 on 5th June 2020. For the value to have increased from £485,000 to £549,453 over the five years to June 2025, the following assumptions must hold true:

• The value of PAVILION COTTAGES has moved in line with the HPI for terraced houses in the South Oxfordshire local authority area.
• The June 2020 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of PAVILION COTTAGES has not materially changed since June 2020.

How Large is PAVILION COTTAGES?

PAVILION COTTAGES is 91m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of terraced houses houses in Goring, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Goring, and where PAVILION COTTAGES lies on this distribution: 10% of terraced houses houses are smaller than PAVILION COTTAGES, and 90% of houses are larger. Note that EPC data is not available for all properties in Goring.

PAVILION COTTAGES: Plot and Title Map

PAVILION COTTAGES sits on a plot of roughly 0.022 of an acre, or 89m². The below map shows the location of PAVILION COTTAGES, 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 PAVILION COTTAGES). 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 PAVILION COTTAGES?

PAVILION COTTAGES is located on CLEEVE ROAD in GORING, in the RG8 postcode district. The below map shows the position of PAVILION COTTAGES on CLEEVE ROAD.