18, MAJESTIC CLOSE, MIDDLELEAZE, SWINDON, SN5 5TT - £338,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 MAJESTIC CLOSE is a midsized extended detached house of 111m², built sometime between 1983 and 1990. It was last sold for £338,000 in February 2022, which was around 19% below the average February 2022 detached price in the Swindon local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

18 MAJESTIC CLOSE Sold Prices

Land registry data shows five sales for 18 MAJESTIC CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Swindon local authority area for the corresponding sale date. All of the five 18 MAJESTIC 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
2022 1 FEB	£338,000	£416,605	19% below HPI
2019 22 NOV	£285,000	£365,637	22% below HPI
2013 1 AUG	£195,000	£258,372	25% below HPI
2011 10 JUN	£180,000	£245,873	27% below HPI
2007 16 NOV	£223,000	£279,256	20% below HPI

18 MAJESTIC 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 five 18 MAJESTIC CLOSE sales between November 2007 and February 2022 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 November 2019 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 18 MAJESTIC CLOSE?

18 MAJESTIC CLOSE is 111m², which includes three extensions, according to the EPC inspection conducted in November 2021. This puts it in the smallest 50% of detached houses in Swindon, based on EPC data. The below chart shows the distribution of detached houses by size in Swindon, and where 18 MAJESTIC CLOSE lies on this distribution: 43% of detached houses are smaller than 18 MAJESTIC CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Swindon.

18 MAJESTIC CLOSE: Plot and Title Map

18 MAJESTIC CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 18 MAJESTIC 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 18 MAJESTIC 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 18 MAJESTIC CLOSE?

18 MAJESTIC CLOSE is located in MIDDLELEAZE, in the SN5 postcode district. The below map shows the position of No. 18 on MAJESTIC CLOSE.