1, WELLESLEY CLOSE, BOWERHILL, MELKSHAM, SN12 6XT - £230,000

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 WELLESLEY CLOSE is a very small detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £276,306. It was last sold for £230,000 in July 2020, which was around 47% below the average July 2020 detached price in the Wiltshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

1 WELLESLEY CLOSE Sold Prices

Land registry data shows three sales for 1 WELLESLEY 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 WELLESLEY 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 24 JUL	£230,000	£432,669	47% below HPI
2000 8 DEC	£110,000	£186,748	41% below HPI
1997 2 JUN	£65,000	£114,082	43% below HPI

1 WELLESLEY 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 WELLESLEY CLOSE sales between June 1997 and July 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 December 2000 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2020 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 1 WELLESLEY CLOSE be worth now?

1 WELLESLEY CLOSE might now be worth an estimated £276,306.

This is based on house price inflation of 20.1%, between July 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 20.1% inflationary increase is applied to the most recent sale price for 1 WELLESLEY CLOSE of £230,000 on 24th July 2020. For the value to have increased from £230,000 to £276,306 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 1 WELLESLEY CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The July 2020 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WELLESLEY CLOSE has not materially changed since July 2020.

How Large is 1 WELLESLEY CLOSE?

1 WELLESLEY CLOSE is 69m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses houses in Bowerhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bowerhill, and where 1 WELLESLEY CLOSE lies on this distribution: 2% of detached houses houses are smaller than 1 WELLESLEY CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Bowerhill.

1 WELLESLEY CLOSE: Plot and Title Map

1 WELLESLEY CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 1 WELLESLEY 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 WELLESLEY 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 WELLESLEY CLOSE?

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