12, FORMBY CLOSE, SLOUGH, SL3 8WW - £348,500

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.

12 FORMBY CLOSE is a very small terraced house of 54m², built sometime between 1996 and 2002, which could now be worth an estimated £593,448. It was last sold for £348,500 in June 2014, which was around 59% above the average June 2014 terraced price in the Slough local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

12 FORMBY CLOSE Sold Prices

Land registry data shows three sales for 12 FORMBY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Slough local authority area for the corresponding sale date. All of the three 12 FORMBY CLOSE 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
2014 24 JUN	£348,500	£218,754	59% above HPI
2004 1 SEP	£197,500	£161,566	22% above HPI
1999 23 APR	£99,950	£73,888	35% above HPI

12 FORMBY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Slough local authority area over time, sourced from the HPI. The three 12 FORMBY CLOSE sales between April 1999 and June 2014 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 September 2004 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2014 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might 12 FORMBY CLOSE be worth now?

12 FORMBY CLOSE might now be worth an estimated £593,448.

This is based on house price inflation of 70.3%, between June 2014 and June 2025, for terraced houses, in the Slough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 70.3% inflationary increase is applied to the most recent sale price for 12 FORMBY CLOSE of £348,500 on 24th June 2014. For the value to have increased from £348,500 to £593,448 over the eleven years to June 2025, the following assumptions must hold true:

• The value of 12 FORMBY CLOSE has moved in line with the HPI for terraced houses in the Slough local authority area.
• The June 2014 sale price of £348,500 represented a fair market value for the property.
• The size, condition, and specification of 12 FORMBY CLOSE has not materially changed since June 2014.

How Large is 12 FORMBY CLOSE?

12 FORMBY CLOSE is 54m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% of terraced houses houses in Slough, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Slough, and where 12 FORMBY CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 12 FORMBY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Slough.

12 FORMBY CLOSE: Plot and Title Map

12 FORMBY CLOSE sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 12 FORMBY CLOSE, 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 12 FORMBY CLOSE). 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 12 FORMBY CLOSE?

12 FORMBY CLOSE is located in SLOUGH, in the SL3 postcode district. The below map shows the position of No. 12 on FORMBY CLOSE.