15, FORMBY CLOSE, SLOUGH, SL3 8WW - £520,000

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.

15 FORMBY CLOSE is a very small extended detached house of 83m², built sometime between 1996 and 2002, which could now be worth an estimated £536,152. It was last sold for £520,000 in August 2022, which was around 22% below the average August 2022 detached price in the Slough local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

15 FORMBY CLOSE Sold Prices

Land registry data shows three sales for 15 FORMBY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Slough local authority area for the corresponding sale date. All of the three 15 FORMBY 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
2022 22 AUG	£520,000	£663,405	22% below HPI
2010 8 FEB	£95,000	£340,650	72% below HPI
1999 11 JUN	£142,950	£158,882	10% below HPI

15 FORMBY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Slough local authority area over time, sourced from the HPI. The three 15 FORMBY CLOSE sales between June 1999 and August 2022 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 February 2010 sale was for 72% below the HPI. So the extrapolation line tracks at 72% below the HPI over time, until the August 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 15 FORMBY CLOSE be worth now?

15 FORMBY CLOSE might now be worth an estimated £536,152.

This is based on house price inflation of 3.1%, between August 2022 and February 2025, for 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 3.1% inflationary increase is applied to the most recent sale price for 15 FORMBY CLOSE of £520,000 on 22nd August 2022. For the value to have increased from £520,000 to £536,152 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 15 FORMBY CLOSE has moved in line with the HPI for detached houses in the Slough local authority area.
• The August 2022 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 15 FORMBY CLOSE has not materially changed since August 2022.

How Large is 15 FORMBY CLOSE?

15 FORMBY CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% of detached houses houses in Slough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Slough, and where 15 FORMBY CLOSE lies on this distribution: 14% of detached houses houses are smaller than 15 FORMBY CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Slough.

15 FORMBY CLOSE: Plot and Title Map

15 FORMBY CLOSE sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 15 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 15 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 15 FORMBY CLOSE?

15 FORMBY CLOSE is located in SLOUGH, in the SL3 postcode district. The below map shows the position of No. 15 on FORMBY CLOSE.