14, BURNET CLOSE, MELKSHAM, SN12 7SJ - £262,500

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

14 BURNET CLOSE is a large extended detached house of 123m², built sometime between 1991 and 1995. It was last sold for £262,500 in January 2014, which was around 18% below the average January 2014 detached price in the Wiltshire local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

14 BURNET CLOSE Sold Prices

Land registry data shows four sales for 14 BURNET 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. Most of the four 14 BURNET 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
2014 20 JAN	£262,500	£320,994	18% below HPI
2005 22 JUL	£265,000	£285,062	7% below HPI
2002 17 MAY	£204,000	£213,009	4% below HPI
1995 31 MAY	£107,000	£98,387	9% above HPI

14 BURNET 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 14 BURNET CLOSE sales between May 1995 and January 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 July 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 14 BURNET CLOSE?

14 BURNET CLOSE is 123m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 40% of detached houses in Melksham, based on EPC data. The below chart shows the distribution of detached houses by size in Melksham, and where 14 BURNET CLOSE lies on this distribution: 60% of detached houses are smaller than 14 BURNET CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Melksham.

14 BURNET CLOSE: Plot and Title Map

14 BURNET CLOSE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 14 BURNET 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 14 BURNET 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 14 BURNET CLOSE?

14 BURNET CLOSE is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 14 on BURNET CLOSE.