2, SCARLET CLOSE, SWINDON, SN25 4ZH - £356,000

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 SCARLET CLOSE is a small extended detached house of 101m², built sometime between 1996 and 2002, which could now be worth an estimated £412,154. It was last sold for £356,000 in February 2021, which was around 9% below the average February 2021 detached price in the Swindon local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

2 SCARLET CLOSE Sold Prices

Land registry data shows three sales for 2 SCARLET 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 2 SCARLET 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	£356,000	£391,886	9% below HPI
2002 17 MAY	£169,950	£207,351	18% below HPI
1999 30 APR	£99,995	£126,983	21% below HPI

2 SCARLET 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 2 SCARLET CLOSE sales between April 1999 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 May 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2 SCARLET CLOSE be worth now?

2 SCARLET CLOSE might now be worth an estimated £412,154.

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 2 SCARLET CLOSE of £356,000 on 26th February 2021. For the value to have increased from £356,000 to £412,154 over the four years to February 2025, the following assumptions must hold true:

• The value of 2 SCARLET CLOSE has moved in line with the HPI for detached houses in the Swindon local authority area.
• The February 2021 sale price of £356,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SCARLET CLOSE has not materially changed since February 2021.

How Large is 2 SCARLET CLOSE?

2 SCARLET CLOSE is 101m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% 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 SCARLET CLOSE lies on this distribution: 31% of detached houses houses are smaller than 2 SCARLET CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Swindon.

2 SCARLET CLOSE: Plot and Title Map

2 SCARLET CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 2 SCARLET 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 2 SCARLET 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 2 SCARLET CLOSE?

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