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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 DEAN CLOSE is a very small extended detached house of 87m², built sometime between 1967 and 1975. It was last sold for £247,000 in March 2020, which was around 40% 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	£410,641	40% below HPI
2006 17 AUG	£162,000	£308,417	47% 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 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the March 2020 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

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 in Melksham, based on EPC data. The below chart shows the distribution of detached houses by size in Melksham, and where 1 DEAN CLOSE lies on this distribution: 15% of detached houses are smaller than 1 DEAN CLOSE, and 85% 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.