1, GLADSTONE ROAD, MELKSHAM, SN12 7GZ - £295,000

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 GLADSTONE ROAD is a very small detached house of 85m², which could now be worth an estimated £297,422. It was last sold for £295,000 in September 2023, which was around 43% below the average September 2023 detached price in the Wiltshire local authority area. The most recent EPC inspection was August 2018, where the current energy rating was B, and the potential energy rating was A.

1 GLADSTONE ROAD Sold Prices

Land registry data shows two sales for 1 GLADSTONE ROAD 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 GLADSTONE ROAD 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
2023 14 SEP	£295,000	£515,546	43% below HPI
2018 27 SEP	£274,995	£437,830	37% below HPI

1 GLADSTONE ROAD 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 GLADSTONE ROAD sales from September 2018 and September 2023 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 September 2018 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2023 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 1 GLADSTONE ROAD be worth now?

1 GLADSTONE ROAD might now be worth an estimated £297,422.

This is based on house price inflation of 0.8%, between September 2023 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 0.8% inflationary increase is applied to the most recent sale price for 1 GLADSTONE ROAD of £295,000 on 14th September 2023. For the value to have increased from £295,000 to £297,422 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 GLADSTONE ROAD has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The September 2023 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GLADSTONE ROAD has not materially changed since September 2023.

How Large is 1 GLADSTONE ROAD?

1 GLADSTONE ROAD is 85m² according to the EPC inspection conducted in August 2018. 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 GLADSTONE ROAD lies on this distribution: 13% of detached houses houses are smaller than 1 GLADSTONE ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Melksham.

1 GLADSTONE ROAD: Plot and Title Map

1 GLADSTONE ROAD sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 1 GLADSTONE ROAD, 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 GLADSTONE ROAD). 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 GLADSTONE ROAD?

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