4, MELKSHAM CLOSE, OWLSMOOR, SANDHURST, GU47 0YL - £390,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 MELKSHAM CLOSE is a small extended detached house of 100m², built sometime between 1976 and 1982. It was last sold for £390,000 in March 2015, which was around 25% below the average March 2015 detached price in the Bracknell Forest local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

4 MELKSHAM CLOSE Sold Prices

Land registry data shows two sales for 4 MELKSHAM 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 Bracknell Forest local authority area for the corresponding sale date. Both of the two 4 MELKSHAM 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
2015 31 MAR	£390,000	£520,808	25% below HPI
1996 9 AUG	£117,500	£137,361	14% below HPI

4 MELKSHAM 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 two 4 MELKSHAM CLOSE sales from August 1996 and March 2015 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 August 1996 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2015 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 4 MELKSHAM CLOSE?

4 MELKSHAM CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% of detached houses in Sandhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Sandhurst, and where 4 MELKSHAM CLOSE lies on this distribution: 27% of detached houses are smaller than 4 MELKSHAM CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Sandhurst.

4 MELKSHAM CLOSE: Plot and Title Map

4 MELKSHAM CLOSE sits on a plot of roughly 0.113 of an acre, or 455m². The below map shows the location of 4 MELKSHAM 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 MELKSHAM 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 MELKSHAM CLOSE?

4 MELKSHAM CLOSE is located in OWLSMOOR, in the GU47 postcode district. The below map shows the position of No. 4 on MELKSHAM CLOSE.