Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
24 MELFORT CLOSE is a large extended detached house of 143m², built sometime between 1983 and 1990. It was last sold for £380,000 in March 2021, which was about the average March 2021 detached price in the Swindon local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 24 MELFORT CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swindon local authority area for the corresponding sale date. The four 24 MELFORT CLOSE sales were a mix of roughly equal to the average price, and 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 4 MAR | £380,000 | £380,581 | Close to HPI |
2017 3 MAY | £335,000 | £351,964 | 5% below HPI |
1998 13 OCT | £88,000 | £119,018 | 26% below HPI |
1997 27 MAR | £77,000 | £94,892 | 19% below HPI |
The below graph shows the average detached house price in the Swindon local authority area over time, sourced from the HPI. The four 24 MELFORT CLOSE sales between March 1997 and March 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 2017 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
24 MELFORT CLOSE is 143m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 30% of detached houses in Swindon, based on EPC data. The below chart shows the distribution of detached houses by size in Swindon, and where 24 MELFORT CLOSE lies on this distribution: 76% of detached houses are smaller than 24 MELFORT CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Swindon.
24 MELFORT CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 24 MELFORT 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 24 MELFORT 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.
24 MELFORT CLOSE is located in SPARCELLS, in the SN5 postcode district. The below map shows the position of No. 24 on MELFORT CLOSE.