3, HORMER CLOSE, OWLSMOOR, SANDHURST, GU47 0QW - £505,000

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.

3 HORMER CLOSE is a very large extended detached house of 171m², built sometime between 1983 and 1990, which could now be worth an estimated £618,182. It was last sold for £505,000 in August 2019, which was around 18% below the average August 2019 detached price in the Bracknell Forest local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

3 HORMER CLOSE Sold Prices

Land registry data shows three sales for 3 HORMER 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 Bracknell Forest local authority area for the corresponding sale date. All of the three 3 HORMER 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
2019 6 AUG	£505,000	£612,556	18% below HPI
2007 27 APR	£349,950	£396,703	12% below HPI
2003 8 DEC	£315,000	£349,034	10% below HPI

3 HORMER 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 three 3 HORMER CLOSE sales between December 2003 and August 2019 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 April 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 3 HORMER CLOSE be worth now?

3 HORMER CLOSE might now be worth an estimated £618,182.

This is based on house price inflation of 22.4%, between August 2019 and February 2025, for detached houses, in the Bracknell Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.4% inflationary increase is applied to the most recent sale price for 3 HORMER CLOSE of £505,000 on 6th August 2019. For the value to have increased from £505,000 to £618,182 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 3 HORMER CLOSE has moved in line with the HPI for detached houses in the Bracknell Forest local authority area.
• The August 2019 sale price of £505,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HORMER CLOSE has not materially changed since August 2019.

How Large is 3 HORMER CLOSE?

3 HORMER CLOSE is 171m², which includes four extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 20% of detached houses houses in Sandhurst, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sandhurst, and where 3 HORMER CLOSE lies on this distribution: 86% of detached houses houses are smaller than 3 HORMER CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Sandhurst.

3 HORMER CLOSE: Plot and Title Map

3 HORMER CLOSE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 3 HORMER 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 3 HORMER 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 3 HORMER CLOSE?

3 HORMER CLOSE is located in OWLSMOOR, in the GU47 postcode district. The below map shows the position of No. 3 on HORMER CLOSE.