1, DEAN CLOSE, MELKSHAM, SN12 7EZ - £247,000

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 DEAN CLOSE is a very small extended detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £302,120. It was last sold for £247,000 in March 2020, which was around 42% below the average March 2020 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

1 DEAN CLOSE Sold Prices

Land registry data shows two sales for 1 DEAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. Both of the two 1 DEAN 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
2020 4 MAR	£247,000	£424,948	42% below HPI
2006 17 AUG	£162,000	£319,163	49% below HPI

1 DEAN 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 two 1 DEAN CLOSE sales from August 2006 and March 2020 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 2006 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the March 2020 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 1 DEAN CLOSE be worth now?

1 DEAN CLOSE might now be worth an estimated £302,120.

This is based on house price inflation of 22.3%, between March 2020 and February 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 22.3% inflationary increase is applied to the most recent sale price for 1 DEAN CLOSE of £247,000 on 4th March 2020. For the value to have increased from £247,000 to £302,120 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 1 DEAN CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The March 2020 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 1 DEAN CLOSE has not materially changed since March 2020.

How Large is 1 DEAN CLOSE?

1 DEAN CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of detached houses houses in Melksham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melksham, and where 1 DEAN CLOSE lies on this distribution: 15% of detached houses houses are smaller than 1 DEAN CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Melksham.

1 DEAN CLOSE: Plot and Title Map

1 DEAN CLOSE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 1 DEAN 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 DEAN 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 DEAN CLOSE?

1 DEAN CLOSE is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 1 on DEAN CLOSE.