4, RECTORY CLOSE, FARMBOROUGH, BATH, BA2 0AW - £345,000

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.

4 RECTORY CLOSE is a detached house, which could now be worth an estimated £605,386. It was last sold for £345,000 in August 2007, which was around 15% below the average August 2007 detached price in the Bath and North East Somerset local authority area.

4 RECTORY CLOSE Sold Prices

Land registry data shows two sales for 4 RECTORY 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 Bath and North East Somerset local authority area for the corresponding sale date. Both of the two 4 RECTORY 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
2007 24 AUG	£345,000	£404,324	15% below HPI
2003 4 APR	£265,000	£290,955	9% below HPI

What might 4 RECTORY CLOSE be worth now?

4 RECTORY CLOSE might now be worth an estimated £605,386.

This is based on house price inflation of 75.5%, between August 2007 and May 2026, for detached houses, in the Bath and North East Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 75.5% inflationary increase is applied to the most recent sale price for 4 RECTORY CLOSE of £345,000 on 24th August 2007. For the value to have increased from £345,000 to £605,386 over the nineteen years and three months to May 2026, the following assumptions must hold true:

• The value of 4 RECTORY CLOSE has moved in line with the HPI for detached houses in the Bath and North East Somerset local authority area.
• The August 2007 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 4 RECTORY CLOSE has not materially changed since August 2007.

Where is 4 RECTORY CLOSE?

4 RECTORY CLOSE is located in FARMBOROUGH, in the BA2 postcode district.