2, SPRINGHILL CLOSE, WESTLEA, SWINDON, SN5 7BG - £377,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 SPRINGHILL CLOSE is a midsized detached house of 112m², built sometime between 1967 and 1975, which could now be worth an estimated £367,412. It was last sold for £377,500 in September 2023, which was around 19% below the average September 2023 detached price in the Swindon local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

2 SPRINGHILL CLOSE Sold Prices

Land registry data shows three sales for 2 SPRINGHILL 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 SPRINGHILL 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
2023 29 SEP	£377,500	£466,158	19% below HPI
2017 1 SEP	£255,000	£371,753	31% below HPI
2002 1 MAR	£167,000	£203,478	18% below HPI

2 SPRINGHILL 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 SPRINGHILL CLOSE sales between March 2002 and September 2023 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 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 2 SPRINGHILL CLOSE be worth now?

2 SPRINGHILL CLOSE might now be worth an estimated £367,412.

This is based on house price deflation of 2.7%, between September 2023 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 2.7% deflationary decrease is applied to the most recent sale price for 2 SPRINGHILL CLOSE of £377,500 on 29th September 2023. For the value to have decreased from £377,500 to £367,412 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 SPRINGHILL CLOSE has moved in line with the HPI for detached houses in the Swindon local authority area.
• The September 2023 sale price of £377,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SPRINGHILL CLOSE has not materially changed since September 2023.

How Large is 2 SPRINGHILL CLOSE?

2 SPRINGHILL CLOSE is 112m² according to the EPC inspection conducted in January 2015. 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 SPRINGHILL CLOSE lies on this distribution: 44% of detached houses houses are smaller than 2 SPRINGHILL CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Swindon.

2 SPRINGHILL CLOSE: Plot and Title Map

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

2 SPRINGHILL CLOSE is located in WESTLEA, in the SN5 postcode district. The below map shows the position of No. 2 on SPRINGHILL CLOSE.