1, BARNES CLOSE, CORSTON, MALMESBURY, SN16 0HR - £425,000

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.

1 BARNES CLOSE is a small detached house of 111m², built sometime between 2003 and 2006, which could now be worth an estimated £511,355. It was last sold for £425,000 in June 2018, which was around 2% below the average June 2018 detached price in the Wiltshire 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.

1 BARNES CLOSE Sold Prices

Land registry data shows three sales for 1 BARNES 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 Wiltshire local authority area for the corresponding sale date. All of the three 1 BARNES 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
2018 8 JUN	£425,000	£433,652	2% below HPI
2015 9 JUN	£345,000	£358,791	4% below HPI
2006 30 MAR	£249,950	£299,897	17% below HPI

1 BARNES CLOSE 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 three 1 BARNES CLOSE sales between March 2006 and June 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 2015 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2018 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 1 BARNES CLOSE be worth now?

1 BARNES CLOSE might now be worth an estimated £511,355.

This is based on house price inflation of 20.3%, between June 2018 and March 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 20.3% inflationary increase is applied to the most recent sale price for 1 BARNES CLOSE of £425,000 on 8th June 2018. For the value to have increased from £425,000 to £511,355 over the seven years and three months to March 2025, the following assumptions must hold true:

• The value of 1 BARNES CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The June 2018 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BARNES CLOSE has not materially changed since June 2018.

How Large is 1 BARNES CLOSE?

1 BARNES CLOSE is 111m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% of detached houses houses in Corston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Corston, and where 1 BARNES CLOSE lies on this distribution: 21% of detached houses houses are smaller than 1 BARNES CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Corston.

1 BARNES CLOSE: Plot and Title Map

1 BARNES CLOSE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 1 BARNES 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 1 BARNES 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 1 BARNES CLOSE?

1 BARNES CLOSE is located in CORSTON, in the SN16 postcode district. The below map shows the position of No. 1 on BARNES CLOSE.