124, FIRST LANE, WHITLEY, MELKSHAM, SN12 8RL - £223,000

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.

124 FIRST LANE is a very small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £345,935. It was last sold for £223,000 in July 2014, which was around 34% below the average July 2014 detached price in the Wiltshire local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was C.

124 FIRST LANE Sold Prices

Land registry data shows two sales for 124 FIRST LANE 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 124 FIRST LANE 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
2014 25 JUL	£223,000	£336,345	34% below HPI
2000 17 MAR	£98,000	£170,496	43% below HPI

124 FIRST LANE 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 124 FIRST LANE sales from March 2000 and July 2014 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 2000 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the July 2014 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 124 FIRST LANE be worth now?

124 FIRST LANE might now be worth an estimated £345,935.

This is based on house price inflation of 55.1%, between July 2014 and March 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 55.1% inflationary increase is applied to the most recent sale price for 124 FIRST LANE of £223,000 on 25th July 2014. For the value to have increased from £223,000 to £345,935 over the eleven years and four months to March 2025, the following assumptions must hold true:

• The value of 124 FIRST LANE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The July 2014 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 124 FIRST LANE has not materially changed since July 2014.

How Large is 124 FIRST LANE?

124 FIRST LANE is 73m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses houses in Whitley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitley, and where 124 FIRST LANE lies on this distribution: 9% of detached houses houses are smaller than 124 FIRST LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Whitley.

124 FIRST LANE: Plot and Title Map

124 FIRST LANE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 124 FIRST LANE, 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 124 FIRST LANE). 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 124 FIRST LANE?

124 FIRST LANE is located in WHITLEY, in the SN12 postcode district. The below map shows the position of No. 124 on FIRST LANE.