1, WALPOLE CLOSE, MELKSHAM, SN12 7GX - £342,500

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 WALPOLE CLOSE is a midsized detached house of 122m², which could now be worth an estimated £419,751. It was last sold for £342,500 in February 2020, which was around 19% below the average February 2020 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 WALPOLE CLOSE Sold Prices

Land registry data shows two sales for 1 WALPOLE 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 WALPOLE 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 21 FEB	£342,500	£424,118	19% below HPI
2018 28 SEP	£364,995	£437,830	17% below HPI

1 WALPOLE 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 WALPOLE CLOSE sales from September 2018 and February 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 September 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 1 WALPOLE CLOSE be worth now?

1 WALPOLE CLOSE might now be worth an estimated £419,751.

This is based on house price inflation of 22.6%, between February 2020 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 22.6% inflationary increase is applied to the most recent sale price for 1 WALPOLE CLOSE of £342,500 on 21st February 2020. For the value to have increased from £342,500 to £419,751 over the five years to February 2025, the following assumptions must hold true:

• The value of 1 WALPOLE CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The February 2020 sale price of £342,500 represented a fair market value for the property.
• The size, condition, and specification of 1 WALPOLE CLOSE has not materially changed since February 2020.

How Large is 1 WALPOLE CLOSE?

1 WALPOLE CLOSE is 122m² according to the EPC inspection conducted in August 2018. 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 WALPOLE CLOSE lies on this distribution: 56% of detached houses houses are smaller than 1 WALPOLE CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Melksham.

1 WALPOLE CLOSE: Plot and Title Map

1 WALPOLE CLOSE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 1 WALPOLE 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 WALPOLE 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 WALPOLE CLOSE?

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