5, CHESTNUT SPRINGS, LYDIARD MILLICENT, SWINDON, SN5 3NA - £525,000

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.

5 CHESTNUT SPRINGS is a very small extended detached house of 103m², built sometime between 1950 and 1966, which could now be worth an estimated £618,363. It was last sold for £525,000 in October 2018, which was around 19% above the average October 2018 detached price in the Wiltshire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

5 CHESTNUT SPRINGS Sold Prices

Land registry data shows two sales for 5 CHESTNUT SPRINGS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. One of the two 5 CHESTNUT SPRINGS sales was for above the average price, whilst the other was 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
2018 1 OCT	£525,000	£441,300	19% above HPI
2002 21 JUN	£190,000	£227,790	17% below HPI

5 CHESTNUT SPRINGS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The two 5 CHESTNUT SPRINGS sales from June 2002 and October 2018 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 June 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2018 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 5 CHESTNUT SPRINGS be worth now?

5 CHESTNUT SPRINGS might now be worth an estimated £618,363.

This is based on house price inflation of 17.8%, between October 2018 and February 2025, for detached houses, in the Wiltshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.8% inflationary increase is applied to the most recent sale price for 5 CHESTNUT SPRINGS of £525,000 on 1st October 2018. For the value to have increased from £525,000 to £618,363 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 CHESTNUT SPRINGS has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The October 2018 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHESTNUT SPRINGS has not materially changed since October 2018.

How Large is 5 CHESTNUT SPRINGS?

5 CHESTNUT SPRINGS is 103m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of detached houses houses in Lydiard Millicent, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lydiard Millicent, and where 5 CHESTNUT SPRINGS lies on this distribution: 19% of detached houses houses are smaller than 5 CHESTNUT SPRINGS, and 81% of houses are larger. Note that EPC data is not available for all properties in Lydiard Millicent.

5 CHESTNUT SPRINGS: Plot and Title Map

5 CHESTNUT SPRINGS sits on a plot of roughly 0.193 of an acre, or 781m². The below map shows the location of 5 CHESTNUT SPRINGS, 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 5 CHESTNUT SPRINGS). 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 5 CHESTNUT SPRINGS?

5 CHESTNUT SPRINGS is located in LYDIARD MILLICENT, in the SN5 postcode district. The below map shows the position of No. 5 on CHESTNUT SPRINGS.