7, PARR CLOSE, GRANGE PARK, SWINDON, SN5 6JY - £280,000

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.

7 PARR CLOSE is a very small detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £424,212. It was last sold for £280,000 in May 2015, which was around 6% below the average May 2015 detached price in the Swindon local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

7 PARR CLOSE Sold Prices

Land registry data shows four sales for 7 PARR CLOSE since 1^st 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. Most of the four 7 PARR 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 1 MAY	£280,000	£299,464	6% below HPI
2006 13 JAN	£220,000	£248,771	12% below HPI
1999 25 JUN	£126,500	£130,938	3% below HPI
1995 20 JAN	£120,000	£95,070	26% above HPI

7 PARR 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 four 7 PARR CLOSE sales between January 1995 and May 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 January 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2015 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 7 PARR CLOSE be worth now?

7 PARR CLOSE might now be worth an estimated £424,212.

This is based on house price inflation of 51.5%, between May 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 51.5% inflationary increase is applied to the most recent sale price for 7 PARR CLOSE of £280,000 on 1st May 2015. For the value to have increased from £280,000 to £424,212 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 7 PARR CLOSE has moved in line with the HPI for detached houses in the Swindon local authority area.
• The May 2015 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PARR CLOSE has not materially changed since May 2015.

How Large is 7 PARR CLOSE?

7 PARR CLOSE is 90m² according to the EPC inspection conducted in September 2014. 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 7 PARR CLOSE lies on this distribution: 20% of detached houses houses are smaller than 7 PARR CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Swindon.

7 PARR CLOSE: Plot and Title Map

7 PARR CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 7 PARR 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 PARR 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 PARR CLOSE?

7 PARR CLOSE is located in GRANGE PARK, in the SN5 postcode district. The below map shows the position of No. 7 on PARR CLOSE.