2, ORTMAN CLOSE, GERRARDS CROSS, SL9 7FD - £1,375,000

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.

2 ORTMAN CLOSE is a large detached house of 263m², which could now be worth an estimated £1,600,190. It was last sold for £1,375,000 in October 2016, which was around 90% above the average October 2016 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was August 2009, where the current energy rating was B, and the potential energy rating was B.

2 ORTMAN CLOSE Sold Prices

Land registry data shows two sales for 2 ORTMAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. Both of the two 2 ORTMAN 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
2016 12 OCT	£1,375,000	£722,877	90% above HPI
2010 25 JUN	£1,220,000	£487,934	150% above HPI

2 ORTMAN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The two 2 ORTMAN CLOSE sales from June 2010 and October 2016 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 2010 sale was for 150% above the HPI. So the extrapolation line tracks at 150% above the HPI over time, until the October 2016 sale, where it falls to 90% above the HPI. The line then continues to track at 90% above the HPI.

What might 2 ORTMAN CLOSE be worth now?

2 ORTMAN CLOSE might now be worth an estimated £1,600,190.

This is based on house price inflation of 16.4%, between October 2016 and June 2025, for detached houses, in the Buckinghamshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.4% inflationary increase is applied to the most recent sale price for 2 ORTMAN CLOSE of £1,375,000 on 12th October 2016. For the value to have increased from £1,375,000 to £1,600,190 over the nine years and four months to June 2025, the following assumptions must hold true:

• The value of 2 ORTMAN CLOSE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The October 2016 sale price of £1,375,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ORTMAN CLOSE has not materially changed since October 2016.

How Large is 2 ORTMAN CLOSE?

2 ORTMAN CLOSE is 263m² according to the EPC inspection conducted in August 2009. This puts it in the largest 40% of detached houses houses in Gerrards Cross, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gerrards Cross, and where 2 ORTMAN CLOSE lies on this distribution: 60% of detached houses houses are smaller than 2 ORTMAN CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Gerrards Cross.

2 ORTMAN CLOSE: Plot and Title Map

2 ORTMAN CLOSE sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 2 ORTMAN 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 ORTMAN 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 ORTMAN CLOSE?

2 ORTMAN CLOSE is located in GERRARDS CROSS, in the SL9 postcode district. The below map shows the position of No. 2 on ORTMAN CLOSE.