12, CRANESBILL ROAD, MELKSHAM, SN12 7GG - £496,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 CRANESBILL ROAD is a large detached house of 126m², which could now be worth an estimated £499,274. It was last sold for £496,000 in August 2022, which was around 4% below the average August 2022 detached price in the Wiltshire local authority area. The most recent EPC inspection was May 2013, where the current energy rating was B, and the potential energy rating was B.

12 CRANESBILL ROAD Sold Prices

Land registry data shows four sales for 12 CRANESBILL ROAD 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. Most of the four 12 CRANESBILL ROAD 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
2022 4 AUG	£496,000	£516,370	4% below HPI
2021 8 JAN	£437,500	£457,953	4% below HPI
2018 16 FEB	£420,000	£426,518	2% below HPI
2013 14 JUN	£330,000	£323,567	2% above HPI

12 CRANESBILL ROAD 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 12 CRANESBILL ROAD sales between June 2013 and August 2022 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 January 2021 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2022 sale, which was also at 4% below the HPI.

What might 12 CRANESBILL ROAD be worth now?

12 CRANESBILL ROAD might now be worth an estimated £499,274.

This is based on house price inflation of 0.7%, between August 2022 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 0.7% inflationary increase is applied to the most recent sale price for 12 CRANESBILL ROAD of £496,000 on 4th August 2022. For the value to have increased from £496,000 to £499,274 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 12 CRANESBILL ROAD has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The August 2022 sale price of £496,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CRANESBILL ROAD has not materially changed since August 2022.

How Large is 12 CRANESBILL ROAD?

12 CRANESBILL ROAD is 126m² according to the EPC inspection conducted in May 2013. 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 12 CRANESBILL ROAD lies on this distribution: 62% of detached houses houses are smaller than 12 CRANESBILL ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Melksham.

12 CRANESBILL ROAD: Plot and Title Map

12 CRANESBILL ROAD sits on a plot of roughly 0.422 of an acre, or 1,706m². The below map shows the location of 12 CRANESBILL ROAD, 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 12 CRANESBILL ROAD). 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 12 CRANESBILL ROAD?

12 CRANESBILL ROAD is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 12 on CRANESBILL ROAD.