1, SCHOOL CLOSE, MALMESBURY, SN16 0EL - £375,000

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 SCHOOL CLOSE is a very small detached house of 93m², built sometime between 1983 and 1990, which could now be worth an estimated £558,074. It was last sold for £375,000 in December 2014, which was around 7% above the average December 2014 detached price in the Wiltshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

1 SCHOOL CLOSE Sold Prices

Land registry data shows three sales for 1 SCHOOL 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 Wiltshire local authority area for the corresponding sale date. One of the three 1 SCHOOL CLOSE sales was for above the average price, whilst two 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
2014 12 DEC	£375,000	£349,267	7% above HPI
2000 29 FEB	£145,000	£167,372	13% below HPI
1999 16 APR	£115,000	£140,969	18% below HPI

1 SCHOOL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The three 1 SCHOOL CLOSE sales between April 1999 and December 2014 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 February 2000 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2014 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 1 SCHOOL CLOSE be worth now?

1 SCHOOL CLOSE might now be worth an estimated £558,074.

This is based on house price inflation of 48.8%, between December 2014 and February 2025, for detached houses, in the Wiltshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.8% inflationary increase is applied to the most recent sale price for 1 SCHOOL CLOSE of £375,000 on 12th December 2014. For the value to have increased from £375,000 to £558,074 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 SCHOOL CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The December 2014 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SCHOOL CLOSE has not materially changed since December 2014.

How Large is 1 SCHOOL CLOSE?

1 SCHOOL CLOSE is 93m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% of detached houses houses in Malmesbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Malmesbury, and where 1 SCHOOL CLOSE lies on this distribution: 20% of detached houses houses are smaller than 1 SCHOOL CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Malmesbury.

1 SCHOOL CLOSE: Plot and Title Map

1 SCHOOL CLOSE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 1 SCHOOL 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 SCHOOL 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 SCHOOL CLOSE?

1 SCHOOL CLOSE is located in MALMESBURY, in the SN16 postcode district. The below map shows the position of No. 1 on SCHOOL CLOSE.