5, ORRIN CLOSE, SPARCELLS, SWINDON, SN5 5FJ - £255,000

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.

5 ORRIN CLOSE is a very small terraced house of 64m², built sometime between 1991 and 1995, which could now be worth an estimated £259,986. It was last sold for £255,000 in December 2022, which was around 12% above the average December 2022 terraced price in the Swindon local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

5 ORRIN CLOSE Sold Prices

Land registry data shows four sales for 5 ORRIN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Swindon local authority area for the corresponding sale date. All of the four 5 ORRIN CLOSE 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 21 DEC	£255,000	£227,498	12% above HPI
2021 18 OCT	£215,000	£203,253	6% above HPI
2012 16 MAR	£135,000	£123,981	9% above HPI
2005 25 FEB	£123,500	£121,736	1% above HPI

5 ORRIN CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Swindon local authority area over time, sourced from the HPI. The four 5 ORRIN CLOSE sales between February 2005 and December 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 October 2021 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2022 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 5 ORRIN CLOSE be worth now?

5 ORRIN CLOSE might now be worth an estimated £259,986.

This is based on house price inflation of 2%, between December 2022 and May 2026, for terraced 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 2% inflationary increase is applied to the most recent sale price for 5 ORRIN CLOSE of £255,000 on 21st December 2022. For the value to have increased from £255,000 to £259,986 over the four years and seven months to May 2026, the following assumptions must hold true:

• The value of 5 ORRIN CLOSE has moved in line with the HPI for terraced houses in the Swindon local authority area.
• The December 2022 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ORRIN CLOSE has not materially changed since December 2022.

How Large is 5 ORRIN CLOSE?

5 ORRIN CLOSE is 64m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% 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 5 ORRIN CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 5 ORRIN CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Swindon.

5 ORRIN CLOSE: Plot and Title Map

5 ORRIN CLOSE sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 5 ORRIN 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 5 ORRIN 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 5 ORRIN CLOSE?

5 ORRIN CLOSE is located in SPARCELLS, in the SN5 postcode district. The below map shows the position of No. 5 on ORRIN CLOSE.