16, ORKNEY CLOSE, SHAW, SWINDON, SN5 5SW - £323,000

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.

16 ORKNEY CLOSE is a midsized extended detached house of 125m², built sometime between 1991 and 1995, which could now be worth an estimated £414,716. It was last sold for £323,000 in August 2016, which was around 9% below the average August 2016 detached price in the Swindon local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

16 ORKNEY CLOSE Sold Prices

Land registry data shows three sales for 16 ORKNEY 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 Swindon local authority area for the corresponding sale date. All of the three 16 ORKNEY 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 26 AUG	£323,000	£353,363	9% below HPI
2006 7 SEP	£225,000	£261,670	14% below HPI
2004 14 MAY	£213,000	£241,277	12% below HPI

16 ORKNEY 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 three 16 ORKNEY CLOSE sales between May 2004 and August 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 September 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2016 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 16 ORKNEY CLOSE be worth now?

16 ORKNEY CLOSE might now be worth an estimated £414,716.

This is based on house price inflation of 28.4%, between August 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 28.4% inflationary increase is applied to the most recent sale price for 16 ORKNEY CLOSE of £323,000 on 26th August 2016. For the value to have increased from £323,000 to £414,716 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 16 ORKNEY CLOSE has moved in line with the HPI for detached houses in the Swindon local authority area.
• The August 2016 sale price of £323,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ORKNEY CLOSE has not materially changed since August 2016.

How Large is 16 ORKNEY CLOSE?

16 ORKNEY CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 50% 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 16 ORKNEY CLOSE lies on this distribution: 59% of detached houses houses are smaller than 16 ORKNEY CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Swindon.

16 ORKNEY CLOSE: Plot and Title Map

16 ORKNEY CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 16 ORKNEY 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 16 ORKNEY 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 16 ORKNEY CLOSE?

16 ORKNEY CLOSE is located in SHAW, in the SN5 postcode district. The below map shows the position of No. 16 on ORKNEY CLOSE.