THE LAURELS, FOXLEY LANE, BINFIELD, BRACKNELL, RG42 4EE - £1,110,000

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

THE LAURELS is a very large extended detached house of 232m², built sometime between 1991 and 1995. It was last sold for £1,110,000 in September 2023, which was around 55% above the average September 2023 detached price in the Bracknell Forest local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.

THE LAURELS Sold Prices

Land registry data shows three sales for THE LAURELS 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 THE LAURELS sales were for above 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
2023 29 SEP	£1,110,000	£715,275	55% above HPI
2002 19 APR	£525,000	£294,849	78% above HPI
1995 31 OCT	£243,418	£132,325	84% above HPI

THE LAURELS 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 THE LAURELS sales between October 1995 and September 2023 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 2002 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the September 2023 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is THE LAURELS?

THE LAURELS is 232m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 10% of detached houses in Binfield, based on EPC data. The below chart shows the distribution of detached houses by size in Binfield, and where THE LAURELS lies on this distribution: 95% of detached houses are smaller than THE LAURELS, and 5% of houses are larger. Note that EPC data is not available for all properties in Binfield.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.174 of an acre, or 706m². The below map shows the location of THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

THE LAURELS is located on FOXLEY LANE in BINFIELD, in the RG42 postcode district. The below map shows the position of THE LAURELS on FOXLEY LANE.