3, SILVER CLOSE, MINETY, MALMESBURY, SN16 9QT - £655,000

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.

3 SILVER CLOSE is a large extended detached house of 159m², built sometime between 1996 and 2002, which could now be worth an estimated £656,097. It was last sold for £655,000 in August 2022, which was around 27% above the average August 2022 detached price in the Wiltshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

3 SILVER CLOSE Sold Prices

Land registry data shows three sales for 3 SILVER 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. The three 3 SILVER CLOSE sales were a mix of above the average price, and roughly equal to 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
2022 26 AUG	£655,000	£516,370	27% above HPI
2017 1 DEC	£426,000	£425,588	Close to HPI
2001 8 JAN	£225,000	£186,591	21% above HPI

3 SILVER 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 3 SILVER CLOSE sales between January 2001 and August 2022 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 December 2017 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2022 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 3 SILVER CLOSE be worth now?

3 SILVER CLOSE might now be worth an estimated £656,097.

This is based on house price inflation of 0.2%, between August 2022 and May 2026, 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 0.2% inflationary increase is applied to the most recent sale price for 3 SILVER CLOSE of £655,000 on 26th August 2022. For the value to have increased from £655,000 to £656,097 over the four years and three months to May 2026, the following assumptions must hold true:

• The value of 3 SILVER CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The August 2022 sale price of £655,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SILVER CLOSE has not materially changed since August 2022.

How Large is 3 SILVER CLOSE?

3 SILVER CLOSE is 159m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of detached houses houses in Minety, based on EPC data. The below chart shows the distribution of detached houses houses by size in Minety, and where 3 SILVER CLOSE lies on this distribution: 65% of detached houses houses are smaller than 3 SILVER CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Minety.

3 SILVER CLOSE: Plot and Title Map

3 SILVER CLOSE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 3 SILVER 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 3 SILVER 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 3 SILVER CLOSE?

3 SILVER CLOSE is located in MINETY, in the SN16 postcode district. The below map shows the position of No. 3 on SILVER CLOSE.