4, HERMES CLOSE, FLEET, GU51 3ET - £675,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 HERMES CLOSE is a small extended detached house of 119m², built sometime between 1967 and 1975, which could now be worth an estimated £762,394. It was last sold for £675,000 in May 2021, which was around 1% below the average May 2021 detached price in the Hart local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

4 HERMES CLOSE Sold Prices

Land registry data shows three sales for 4 HERMES 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 Hart local authority area for the corresponding sale date. All of the three 4 HERMES 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
2021 12 MAY	£675,000	£683,334	1% below HPI
2015 20 NOV	£550,000	£610,201	10% below HPI
2006 10 JAN	£355,000	£380,184	7% below HPI

4 HERMES CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hart local authority area over time, sourced from the HPI. The three 4 HERMES CLOSE sales between January 2006 and May 2021 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 November 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 4 HERMES CLOSE be worth now?

4 HERMES CLOSE might now be worth an estimated £762,394.

This is based on house price inflation of 12.9%, between May 2021 and February 2025, for detached houses, in the Hart local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.9% inflationary increase is applied to the most recent sale price for 4 HERMES CLOSE of £675,000 on 12th May 2021. For the value to have increased from £675,000 to £762,394 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 4 HERMES CLOSE has moved in line with the HPI for detached houses in the Hart local authority area.
• The May 2021 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HERMES CLOSE has not materially changed since May 2021.

How Large is 4 HERMES CLOSE?

4 HERMES CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 40% of detached houses houses in Fleet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fleet, and where 4 HERMES CLOSE lies on this distribution: 38% of detached houses houses are smaller than 4 HERMES CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Fleet.

4 HERMES CLOSE: Plot and Title Map

4 HERMES CLOSE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 4 HERMES 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 4 HERMES 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 4 HERMES CLOSE?

4 HERMES CLOSE is located in FLEET, in the GU51 postcode district. The below map shows the position of No. 4 on HERMES CLOSE.