38, IRONSTONE CLOSE, SWINDON, SN25 2EQ - £245,000

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.

38 IRONSTONE CLOSE is a very small detached house of 89m², built sometime between 2003 and 2006, which could now be worth an estimated £338,483. It was last sold for £245,000 in November 2015, which was around 25% below the average November 2015 detached price in the Swindon local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

38 IRONSTONE CLOSE Sold Prices

Land registry data shows three sales for 38 IRONSTONE 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 38 IRONSTONE 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
2015 17 NOV	£245,000	£328,397	25% below HPI
2007 25 MAY	£217,500	£273,795	21% below HPI
2003 22 AUG	£175,000	£242,826	28% below HPI

38 IRONSTONE 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 38 IRONSTONE CLOSE sales between August 2003 and November 2015 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 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2015 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 38 IRONSTONE CLOSE be worth now?

38 IRONSTONE CLOSE might now be worth an estimated £338,483.

This is based on house price inflation of 38.2%, between November 2015 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 38.2% inflationary increase is applied to the most recent sale price for 38 IRONSTONE CLOSE of £245,000 on 17th November 2015. For the value to have increased from £245,000 to £338,483 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 38 IRONSTONE CLOSE has moved in line with the HPI for detached houses in the Swindon local authority area.
• The November 2015 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 38 IRONSTONE CLOSE has not materially changed since November 2015.

How Large is 38 IRONSTONE CLOSE?

38 IRONSTONE CLOSE is 89m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% 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 38 IRONSTONE CLOSE lies on this distribution: 19% of detached houses houses are smaller than 38 IRONSTONE CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Swindon.

38 IRONSTONE CLOSE: Plot and Title Map

38 IRONSTONE CLOSE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 38 IRONSTONE 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 38 IRONSTONE 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 38 IRONSTONE CLOSE?

38 IRONSTONE CLOSE is located in SWINDON, in the SN25 postcode district. The below map shows the position of No. 38 on IRONSTONE CLOSE.