2, MELKSHAM CLOSE, OWLSMOOR, SANDHURST, GU47 0YL - £335,000

2 MELKSHAM CLOSE is a small extended detached house of 109m², built sometime between 1976 and 1982. It was last sold for £335,000 in August 2013, which was around 26% below the average August 2013 detached price in the Bracknell Forest local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was C.

2 MELKSHAM CLOSE Sold Prices

Land registry data shows five sales for 2 MELKSHAM CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bracknell Forest local authority area for the corresponding sale date. All of the five 2 MELKSHAM CLOSE 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
2013 30 AUG	£335,000	£452,379	26% below HPI
2003 4 DEC	£267,500	£340,332	21% below HPI
2002 3 MAY	£240,000	£302,340	21% below HPI
1999 24 SEP	£160,000	£218,136	27% below HPI
1997 7 MAR	£113,500	£152,912	26% below HPI

2 MELKSHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bracknell Forest local authority area over time, sourced from the HPI. The five 2 MELKSHAM CLOSE sales between March 1997 and August 2013 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 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2013 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 MELKSHAM CLOSE?

2 MELKSHAM CLOSE is 109m², which includes four extensions, according to the EPC inspection conducted in April 2013. This puts it in the smallest 40% of detached houses in Sandhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Sandhurst, and where 2 MELKSHAM CLOSE lies on this distribution: 38% of detached houses are smaller than 2 MELKSHAM CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Sandhurst.

2 MELKSHAM CLOSE: Plot and Title Map

2 MELKSHAM CLOSE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 2 MELKSHAM 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 2 MELKSHAM 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 2 MELKSHAM CLOSE?

2 MELKSHAM CLOSE is located in OWLSMOOR, in the GU47 postcode district. The below map shows the position of No. 2 on MELKSHAM CLOSE.