7, MELFORT CLOSE, SPARCELLS, SWINDON, SN5 5FG - £250,000

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

7 MELFORT CLOSE is a very small detached house of 76m², built sometime between 1991 and 1995. It was last sold for £250,000 in December 2019, which was around 32% below the average December 2019 detached price in the Swindon local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

7 MELFORT CLOSE Sold Prices

Land registry data shows two sales for 7 MELFORT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Swindon local authority area for the corresponding sale date. Both of the two 7 MELFORT 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
2019 2 DEC	£250,000	£366,786	32% below HPI
1998 23 FEB	£82,000	£109,552	25% below HPI

7 MELFORT 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 two 7 MELFORT CLOSE sales from February 1998 and December 2019 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 February 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 7 MELFORT CLOSE?

7 MELFORT CLOSE is 76m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of detached houses in Swindon, based on EPC data. The below chart shows the distribution of detached houses by size in Swindon, and where 7 MELFORT CLOSE lies on this distribution: 8% of detached houses are smaller than 7 MELFORT CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Swindon.

7 MELFORT CLOSE: Plot and Title Map

7 MELFORT CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 7 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 7 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.

Where is 7 MELFORT CLOSE?

7 MELFORT CLOSE is located in SPARCELLS, in the SN5 postcode district. The below map shows the position of No. 7 on MELFORT CLOSE.