8, FORMBY CLOSE, SLOUGH, SL3 8WW - £247,000

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

8 FORMBY CLOSE is a very small detached house of 68m², built sometime between 2003 and 2006, which could now be worth an estimated £499,918. It was last sold for £247,000 in June 2006, which was around 24% below the average June 2006 detached price in the Slough local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

8 FORMBY CLOSE Sold Prices

Land registry data shows three sales for 8 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 8 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
2006 30 JUN	£247,000	£326,411	24% below HPI
2002 20 DEC	£217,500	£288,178	25% below HPI
1999 30 JUL	£129,950	£162,339	20% below HPI

8 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 8 FORMBY CLOSE sales between July 1999 and June 2006 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 December 2002 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2006 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 8 FORMBY CLOSE be worth now?

8 FORMBY CLOSE might now be worth an estimated £499,918.

This is based on house price inflation of 102.4%, between June 2006 and December 2024, 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 102.4% inflationary increase is applied to the most recent sale price for 8 FORMBY CLOSE of £247,000 on 30th June 2006. For the value to have increased from £247,000 to £499,918 over the seventeen years and six months to December 2024, the following assumptions must hold true:

• The value of 8 FORMBY CLOSE has moved in line with the HPI for detached houses in the Slough local authority area.
• The June 2006 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FORMBY CLOSE has not materially changed since June 2006.

How Large is 8 FORMBY CLOSE?

8 FORMBY CLOSE is 68m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 10% 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 8 FORMBY CLOSE lies on this distribution: 4% of detached houses houses are smaller than 8 FORMBY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Slough.

8 FORMBY CLOSE: Plot and Title Map

8 FORMBY CLOSE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 8 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 8 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 8 FORMBY CLOSE?

8 FORMBY CLOSE is located in SLOUGH, in the SL3 postcode district. The below map shows the position of No. 8 on FORMBY CLOSE.