1, LAVENDER CLOSE, MELKSHAM, SN12 6FW - £149,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 LAVENDER CLOSE is a very small detached house of 87m², built sometime between 1991 and 1995. It was last sold for £149,950 in December 2002, which was around 38% below the average December 2002 detached price in the Wiltshire local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

1 LAVENDER CLOSE Sold Prices

Land registry data shows two sales for 1 LAVENDER 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 LAVENDER 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
2002 12 DEC	£149,950	£242,179	38% below HPI
1999 27 SEP	£82,000	£150,255	45% below HPI

1 LAVENDER 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 LAVENDER CLOSE sales from September 1999 and December 2002 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 1999 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the December 2002 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 1 LAVENDER CLOSE?

1 LAVENDER CLOSE is 87m² according to the EPC inspection conducted in August 2013. 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 LAVENDER CLOSE lies on this distribution: 15% of detached houses are smaller than 1 LAVENDER CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Melksham.

1 LAVENDER CLOSE: Plot and Title Map

1 LAVENDER CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 1 LAVENDER 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 LAVENDER 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 LAVENDER CLOSE?

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