1, BALE CLOSE, GRANGE PARK, SWINDON, SN5 6HX - £251,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 BALE CLOSE is a very small detached house of 81m², built sometime between 1983 and 1990, which could now be worth an estimated £325,485. It was last sold for £251,000 in June 2016, which was around 28% below the average June 2016 detached price in the Swindon local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

1 BALE CLOSE Sold Prices

Land registry data shows two sales for 1 BALE 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 Swindon local authority area for the corresponding sale date. Both of the two 1 BALE 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
2016 9 JUN	£251,000	£349,875	28% below HPI
2000 4 AUG	£127,000	£174,181	27% below HPI

1 BALE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swindon local authority area over time, sourced from the HPI. The two 1 BALE CLOSE sales from August 2000 and June 2016 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 2000 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2016 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 1 BALE CLOSE be worth now?

1 BALE CLOSE might now be worth an estimated £325,485.

This is based on house price inflation of 29.7%, between June 2016 and February 2025, for detached houses, in the Swindon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.7% inflationary increase is applied to the most recent sale price for 1 BALE CLOSE of £251,000 on 9th June 2016. For the value to have increased from £251,000 to £325,485 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 1 BALE CLOSE has moved in line with the HPI for detached houses in the Swindon local authority area.
• The June 2016 sale price of £251,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BALE CLOSE has not materially changed since June 2016.

How Large is 1 BALE CLOSE?

1 BALE CLOSE is 81m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of detached houses houses in Swindon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swindon, and where 1 BALE CLOSE lies on this distribution: 11% of detached houses houses are smaller than 1 BALE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Swindon.

1 BALE CLOSE: Plot and Title Map

1 BALE CLOSE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 1 BALE 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 1 BALE 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 1 BALE CLOSE?

1 BALE CLOSE is located in GRANGE PARK, in the SN5 postcode district. The below map shows the position of No. 1 on BALE CLOSE.