7, FORMBY CLOSE, SLOUGH, SL3 8WW - £376,000

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.

7 FORMBY CLOSE is a very small semi-detached house of 55m², built sometime between 1996 and 2002, which could now be worth an estimated £432,492. It was last sold for £376,000 in September 2020, which was around 8% below the average September 2020 semi-detached price in the Slough local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

7 FORMBY CLOSE Sold Prices

Land registry data shows two sales for 7 FORMBY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Slough local authority area for the corresponding sale date. One of the two 7 FORMBY CLOSE sales was for below the average price, whilst the other was roughly equal to 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 25 SEP	£376,000	£408,204	8% below HPI
1999 3 SEP	£105,950	£106,262	Close to HPI

7 FORMBY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Slough local authority area over time, sourced from the HPI. The two 7 FORMBY CLOSE sales from September 1999 and September 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 September 1999 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 7 FORMBY CLOSE be worth now?

7 FORMBY CLOSE might now be worth an estimated £432,492.

This is based on house price inflation of 15%, between September 2020 and February 2025, for semi-detached 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 15% inflationary increase is applied to the most recent sale price for 7 FORMBY CLOSE of £376,000 on 25th September 2020. For the value to have increased from £376,000 to £432,492 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 7 FORMBY CLOSE has moved in line with the HPI for semi-detached houses in the Slough local authority area.
• The September 2020 sale price of £376,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FORMBY CLOSE has not materially changed since September 2020.

How Large is 7 FORMBY CLOSE?

7 FORMBY CLOSE is 55m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of semi-detached houses houses in Slough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Slough, and where 7 FORMBY CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 7 FORMBY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Slough.

7 FORMBY CLOSE: Plot and Title Map

7 FORMBY CLOSE sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 7 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 7 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 7 FORMBY CLOSE?

7 FORMBY CLOSE is located in SLOUGH, in the SL3 postcode district. The below map shows the position of No. 7 on FORMBY CLOSE.