12, MORIE CLOSE, SPARCELLS, SWINDON, SN5 5FH - £280,000

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.

12 MORIE CLOSE is a very small detached house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £324,166. It was last sold for £280,000 in February 2021, which was around 29% below the average February 2021 detached price in the Swindon local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was C.

12 MORIE CLOSE Sold Prices

Land registry data shows four sales for 12 MORIE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swindon local authority area for the corresponding sale date. All of the four 12 MORIE 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
2021 26 FEB	£280,000	£391,886	29% below HPI
2019 12 SEP	£263,000	£377,518	30% below HPI
2001 16 NOV	£132,000	£200,177	34% below HPI
1997 3 JUL	£74,950	£103,052	27% below HPI

12 MORIE 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 four 12 MORIE CLOSE sales between July 1997 and February 2021 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 September 2019 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 12 MORIE CLOSE be worth now?

12 MORIE CLOSE might now be worth an estimated £324,166.

This is based on house price inflation of 15.8%, between February 2021 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 15.8% inflationary increase is applied to the most recent sale price for 12 MORIE CLOSE of £280,000 on 26th February 2021. For the value to have increased from £280,000 to £324,166 over the four years to February 2025, the following assumptions must hold true:

• The value of 12 MORIE CLOSE has moved in line with the HPI for detached houses in the Swindon local authority area.
• The February 2021 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MORIE CLOSE has not materially changed since February 2021.

How Large is 12 MORIE CLOSE?

12 MORIE CLOSE is 76m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% 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 12 MORIE CLOSE lies on this distribution: 8% of detached houses houses are smaller than 12 MORIE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Swindon.

12 MORIE CLOSE: Plot and Title Map

12 MORIE CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 12 MORIE 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 12 MORIE 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 12 MORIE CLOSE?

12 MORIE CLOSE is located in SPARCELLS, in the SN5 postcode district. The below map shows the position of No. 12 on MORIE CLOSE.