1, GOVERNOR DRIVE, MELKSHAM, SN12 8FL - £425,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 GOVERNOR DRIVE is a midsized detached house of 122m², which could now be worth an estimated £423,553. It was last sold for £425,000 in January 2023, which was around 19% below the average January 2023 detached price in the Wiltshire local authority area. The most recent EPC inspection was January 2017, where the current energy rating was B, and the potential energy rating was A.

1 GOVERNOR DRIVE Sold Prices

Land registry data shows two sales for 1 GOVERNOR DRIVE 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 GOVERNOR DRIVE 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 13 JAN	£425,000	£521,493	19% below HPI
2017 24 FEB	£299,995	£411,323	27% below HPI

1 GOVERNOR DRIVE 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 GOVERNOR DRIVE sales from February 2017 and January 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 February 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 1 GOVERNOR DRIVE be worth now?

1 GOVERNOR DRIVE might now be worth an estimated £423,553.

This is based on house price deflation of 0.3%, between January 2023 and December 2024, 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 0.3% deflationary decrease is applied to the most recent sale price for 1 GOVERNOR DRIVE of £425,000 on 13th January 2023. For the value to have decreased from £425,000 to £423,553 over the one month to December 2024, the following assumptions must hold true:

• The value of 1 GOVERNOR DRIVE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The January 2023 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GOVERNOR DRIVE has not materially changed since January 2023.

How Large is 1 GOVERNOR DRIVE?

1 GOVERNOR DRIVE is 122m² according to the EPC inspection conducted in January 2017. This puts it in the largest 40% 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 GOVERNOR DRIVE lies on this distribution: 56% of detached houses houses are smaller than 1 GOVERNOR DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Melksham.

1 GOVERNOR DRIVE: Plot and Title Map

1 GOVERNOR DRIVE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 1 GOVERNOR DRIVE, 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 GOVERNOR DRIVE). 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 GOVERNOR DRIVE?

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