1, SPEEDWELL CLOSE, MELKSHAM, SN12 7TE - £360,000

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 SPEEDWELL CLOSE is a midsized extended detached house of 112m², built sometime between 1983 and 1990. It was last sold for £360,000 in June 2020, which was around 14% below the average June 2020 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

1 SPEEDWELL CLOSE Sold Prices

Land registry data shows three sales for 1 SPEEDWELL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the three 1 SPEEDWELL 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 8 JUN	£360,000	£418,589	14% below HPI
2012 23 JUL	£262,500	£309,944	15% below HPI
1996 18 DEC	£91,000	£106,357	14% below HPI

1 SPEEDWELL 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 three 1 SPEEDWELL CLOSE sales between December 1996 and June 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 July 2012 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 1 SPEEDWELL CLOSE?

1 SPEEDWELL CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 50% 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 SPEEDWELL CLOSE lies on this distribution: 46% of detached houses are smaller than 1 SPEEDWELL CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Melksham.

1 SPEEDWELL CLOSE: Plot and Title Map

1 SPEEDWELL CLOSE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 1 SPEEDWELL 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 SPEEDWELL 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 SPEEDWELL CLOSE?

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