12, MELVIN CLOSE, LAVERSTOCK, SALISBURY, SP1 1PG - £360,000

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 MELVIN CLOSE is a very small extended detached house of 76m², built sometime between 1930 and 1949, which could now be worth an estimated £362,415. It was last sold for £360,000 in October 2023, which was around 30% below the average October 2023 detached price in the Wiltshire local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

12 MELVIN CLOSE Sold Prices

Land registry data shows four sales for 12 MELVIN CLOSE 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 12 MELVIN 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
2023 27 OCT	£360,000	£516,315	30% below HPI
2017 17 MAR	£289,000	£409,827	29% below HPI
2009 27 MAY	£217,000	£285,597	24% below HPI
2007 12 JAN	£205,000	£324,428	37% below HPI

12 MELVIN 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 four 12 MELVIN CLOSE sales between January 2007 and October 2023 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 March 2017 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 12 MELVIN CLOSE be worth now?

12 MELVIN CLOSE might now be worth an estimated £362,415.

This is based on house price inflation of 0.7%, between October 2023 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 MELVIN CLOSE of £360,000 on 27th October 2023. For the value to have increased from £360,000 to £362,415 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 12 MELVIN CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The October 2023 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MELVIN CLOSE has not materially changed since October 2023.

How Large is 12 MELVIN CLOSE?

12 MELVIN CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% of detached houses houses in Salisbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Salisbury, and where 12 MELVIN CLOSE lies on this distribution: 8% of detached houses houses are smaller than 12 MELVIN CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Salisbury.

12 MELVIN CLOSE: Plot and Title Map

12 MELVIN CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 12 MELVIN 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 12 MELVIN 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 12 MELVIN CLOSE?

12 MELVIN CLOSE is located in LAVERSTOCK, in the SP1 postcode district. The below map shows the position of No. 12 on MELVIN CLOSE.