5, PITTS CLOSE, BINFIELD, BRACKNELL, RG42 4ES - £550,000

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

5 PITTS CLOSE is a small extended detached house of 121m², built sometime between 1976 and 1982. It was last sold for £550,000 in November 2024, which was around 26% below the average November 2024 detached price in the Bracknell Forest local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

5 PITTS CLOSE Sold Prices

Land registry data shows two sales for 5 PITTS 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 5 PITTS 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
2024 22 NOV	£550,000	£746,009	26% below HPI
2003 25 JUL	£265,000	£347,666	24% below HPI

5 PITTS 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 5 PITTS CLOSE sales from July 2003 and November 2024 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 July 2003 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2024 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 5 PITTS CLOSE be worth now?

5 PITTS CLOSE might now be worth an estimated £549,936.

This is based on house price deflation of 0%, between November 2024 and December 2024, 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 0% deflationary decrease is applied to the most recent sale price for 5 PITTS CLOSE of £550,000 on 22nd November 2024. For the value to have decreased from £550,000 to £549,936 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 5 PITTS CLOSE has moved in line with the HPI for detached houses in the Bracknell Forest local authority area.
• The November 2024 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PITTS CLOSE has not materially changed since November 2024.

How Large is 5 PITTS CLOSE?

5 PITTS CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the smallest 40% of detached houses houses in Binfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Binfield, and where 5 PITTS CLOSE lies on this distribution: 39% of detached houses houses are smaller than 5 PITTS CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Binfield.

5 PITTS CLOSE: Plot and Title Map

5 PITTS CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 5 PITTS 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 5 PITTS 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 5 PITTS CLOSE?

5 PITTS CLOSE is located in BINFIELD, in the RG42 postcode district. The below map shows the position of No. 5 on PITTS CLOSE.