10, PENNYCRESS DRIVE, MELKSHAM, SN12 7SQ - £375,000

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

10 PENNYCRESS DRIVE is a large extended detached house of 135m², built sometime between 1991 and 1995. It was last sold for £375,000 in January 2018, which was around 9% below the average January 2018 detached price in the Wiltshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

10 PENNYCRESS DRIVE Sold Prices

Land registry data shows four sales for 10 PENNYCRESS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the four 10 PENNYCRESS 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
2018 8 JAN	£375,000	£411,916	9% below HPI
2008 30 MAY	£280,000	£321,168	13% below HPI
2001 29 JUN	£165,000	£190,413	13% below HPI
1999 6 AUG	£126,000	£147,043	14% below HPI

10 PENNYCRESS 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 four 10 PENNYCRESS DRIVE sales between August 1999 and January 2018 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 May 2008 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2018 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 10 PENNYCRESS DRIVE?

10 PENNYCRESS DRIVE is 135m², which includes four extensions, according to the EPC inspection conducted in September 2017. This puts it in the largest 30% of detached houses in Melksham, based on EPC data. The below chart shows the distribution of detached houses by size in Melksham, and where 10 PENNYCRESS DRIVE lies on this distribution: 76% of detached houses are smaller than 10 PENNYCRESS DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Melksham.

10 PENNYCRESS DRIVE: Plot and Title Map

10 PENNYCRESS DRIVE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 10 PENNYCRESS 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 10 PENNYCRESS 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 10 PENNYCRESS DRIVE?

10 PENNYCRESS DRIVE is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 10 on PENNYCRESS DRIVE.