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
9 ORWELL CLOSE is a very small semi-detached house of 64m², built sometime between 1983 and 1990. It was last sold for £315,000 in October 2023, which was around 37% below the average October 2023 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 9 ORWELL CLOSE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the six 9 ORWELL 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 |
---|---|---|---|
2023 31 OCT | £315,000 | £499,681 | 37% below HPI |
2015 26 JUN | £240,000 | £346,711 | 31% below HPI |
2012 2 AUG | £210,000 | £315,521 | 33% below HPI |
2006 8 DEC | £185,000 | £312,835 | 41% below HPI |
2006 30 MAR | £180,000 | £289,799 | 38% below HPI |
1999 2 JUL | £85,500 | £142,899 | 40% below HPI |
The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The six 9 ORWELL CLOSE sales between July 1999 and October 2023 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 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2023 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.
9 ORWELL CLOSE is 64m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses in Malmesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Malmesbury, and where 9 ORWELL CLOSE lies on this distribution: 2% of detached houses are smaller than 9 ORWELL CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Malmesbury.
9 ORWELL CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 9 ORWELL 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 9 ORWELL 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.
9 ORWELL CLOSE is located in MALMESBURY, in the SN16 postcode district. The below map shows the position of No. 9 on ORWELL CLOSE.