1, MELFORT CLOSE, SPARCELLS, SWINDON, SN5 5FG - £136,000

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

1 MELFORT CLOSE is a small extended detached house of 91m², built sometime between 1991 and 1995, which could now be worth an estimated £352,095. It was last sold for £136,000 in March 2001, which was around 25% below the average March 2001 detached price in the Swindon local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

1 MELFORT CLOSE Sold Prices

Land registry data shows two sales for 1 MELFORT 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 MELFORT 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
2001 12 MAR	£136,000	£180,638	25% below HPI
1999 29 MAR	£94,500	£125,720	25% below HPI

1 MELFORT 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 MELFORT CLOSE sales from March 1999 and March 2001 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 March 1999 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2001 sale, which was also at 25% below the HPI.

What might 1 MELFORT CLOSE be worth now?

1 MELFORT CLOSE might now be worth an estimated £352,095.

This is based on house price inflation of 158.9%, between March 2001 and December 2024, 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 158.9% inflationary increase is applied to the most recent sale price for 1 MELFORT CLOSE of £136,000 on 12th March 2001. For the value to have increased from £136,000 to £352,095 over the 22 years and three months to December 2024, the following assumptions must hold true:

• The value of 1 MELFORT CLOSE has moved in line with the HPI for detached houses in the Swindon local authority area.
• The March 2001 sale price of £136,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MELFORT CLOSE has not materially changed since March 2001.

How Large is 1 MELFORT CLOSE?

1 MELFORT CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 30% 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 MELFORT CLOSE lies on this distribution: 21% of detached houses houses are smaller than 1 MELFORT CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Swindon.

1 MELFORT CLOSE: Plot and Title Map

1 MELFORT CLOSE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 1 MELFORT 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 MELFORT 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 MELFORT CLOSE?

1 MELFORT CLOSE is located in SPARCELLS, in the SN5 postcode district. The below map shows the position of No. 1 on MELFORT CLOSE.