31, ELSHAM WAY, SWINDON, SN25 4TJ - £307,500

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.

31 ELSHAM WAY is a small detached house of 104m², built sometime between 1996 and 2002, which could now be worth an estimated £356,984. It was last sold for £307,500 in May 2021, which was around 21% below the average May 2021 detached price in the Swindon local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

31 ELSHAM WAY Sold Prices

Land registry data shows five sales for 31 ELSHAM WAY 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 31 ELSHAM WAY 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 21 MAY	£307,500	£390,810	21% below HPI
2017 4 AUG	£275,000	£369,863	26% below HPI
2009 4 SEP	£186,000	£243,166	24% below HPI
2003 22 AUG	£168,000	£242,826	31% below HPI
1996 9 APR	£88,000	£92,931	5% below HPI

31 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 five 31 ELSHAM WAY sales between April 1996 and May 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 August 2017 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 31 ELSHAM WAY be worth now?

31 ELSHAM WAY might now be worth an estimated £356,984.

This is based on house price inflation of 16.1%, between May 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 16.1% inflationary increase is applied to the most recent sale price for 31 ELSHAM WAY of £307,500 on 21st May 2021. For the value to have increased from £307,500 to £356,984 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 31 ELSHAM WAY has moved in line with the HPI for detached houses in the Swindon local authority area.
• The May 2021 sale price of £307,500 represented a fair market value for the property.
• The size, condition, and specification of 31 ELSHAM WAY has not materially changed since May 2021.

How Large is 31 ELSHAM WAY?

31 ELSHAM WAY is 104m² according to the EPC inspection conducted in July 2009. 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 31 ELSHAM WAY lies on this distribution: 34% of detached houses houses are smaller than 31 ELSHAM WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Swindon.

31 ELSHAM WAY: Plot and Title Map

31 ELSHAM WAY sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 31 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 31 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 31 ELSHAM WAY?

31 ELSHAM WAY is located in SWINDON, in the SN25 postcode district. The below map shows the position of No. 31 on ELSHAM WAY.