38, LOWER MILL, PURTON, SWINDON, SN5 4FP - £315,000

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.

38 LOWER MILL is a very small terraced house of 85m², built in 2013, which could now be worth an estimated £342,167. It was last sold for £315,000 in January 2022, which was around 31% above the average January 2022 terraced price in the Wiltshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was B, and the potential energy rating was A.

38 LOWER MILL Sold Prices

Land registry data shows two sales for 38 LOWER MILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Wiltshire local authority area for the corresponding sale date. Both of the two 38 LOWER MILL sales were for above 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 28 JAN	£315,000	£241,358	31% above HPI
2015 7 AUG	£255,000	£187,742	36% above HPI

38 LOWER MILL Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wiltshire local authority area over time, sourced from the HPI. The two 38 LOWER MILL sales from August 2015 and January 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 August 2015 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the January 2022 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 38 LOWER MILL be worth now?

38 LOWER MILL might now be worth an estimated £342,167.

This is based on house price inflation of 8.6%, between January 2022 and April 2026, for terraced 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 8.6% inflationary increase is applied to the most recent sale price for 38 LOWER MILL of £315,000 on 28th January 2022. For the value to have increased from £315,000 to £342,167 over the three years and nine months to April 2026, the following assumptions must hold true:

• The value of 38 LOWER MILL has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The January 2022 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 38 LOWER MILL has not materially changed since January 2022.

How Large is 38 LOWER MILL?

38 LOWER MILL is 85m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of terraced houses houses in Swindon, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Swindon, and where 38 LOWER MILL lies on this distribution: 15% of terraced houses houses are smaller than 38 LOWER MILL, and 84% of houses are larger. Note that EPC data is not available for all properties in Swindon.

38 LOWER MILL: Plot and Title Map

38 LOWER MILL sits on a plot of roughly 1.1 acres, or 4,558m². The below map shows the location of 38 LOWER MILL, 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 38 LOWER MILL). 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 38 LOWER MILL?

38 LOWER MILL is located in PURTON, in the SN5 postcode district. The below map shows the position of No. 38 on LOWER MILL.