2, ELSHAM WAY, SWINDON, SN25 3TH - £355,000

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.

2 ELSHAM WAY is a midsized detached house of 110m², built sometime between 1996 and 2002, which could now be worth an estimated £426,560. It was last sold for £355,000 in February 2020, which was around 6% below the average February 2020 detached price in the Swindon local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

2 ELSHAM WAY Sold Prices

Land registry data shows two sales for 2 ELSHAM WAY 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. One of the two 2 ELSHAM WAY sales was for below the average price, whilst the other was for above 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
2020 14 FEB	£355,000	£377,588	6% below HPI
1995 31 MAR	£107,950	£94,220	15% above HPI

2 ELSHAM WAY 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 2 ELSHAM WAY sales from March 1995 and February 2020 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 1995 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2020 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 2 ELSHAM WAY be worth now?

2 ELSHAM WAY might now be worth an estimated £426,560.

This is based on house price inflation of 20.2%, between February 2020 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 20.2% inflationary increase is applied to the most recent sale price for 2 ELSHAM WAY of £355,000 on 14th February 2020. For the value to have increased from £355,000 to £426,560 over the five years to February 2025, the following assumptions must hold true:

• The value of 2 ELSHAM WAY has moved in line with the HPI for detached houses in the Swindon local authority area.
• The February 2020 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELSHAM WAY has not materially changed since February 2020.

How Large is 2 ELSHAM WAY?

2 ELSHAM WAY is 110m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 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 2 ELSHAM WAY lies on this distribution: 42% of detached houses houses are smaller than 2 ELSHAM WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Swindon.

2 ELSHAM WAY: Plot and Title Map

2 ELSHAM WAY sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 2 ELSHAM WAY, 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 2 ELSHAM WAY). 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 2 ELSHAM WAY?

2 ELSHAM WAY is located in SWINDON, in the SN25 postcode district. The below map shows the position of No. 2 on ELSHAM WAY.