14, SPEEDWELL CLOSE, MELKSHAM, SN12 7TE - £290,000

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.

14 SPEEDWELL CLOSE is a very small extended semi-detached house of 89m², built sometime between 1983 and 1990, which could now be worth an estimated £308,735. It was last sold for £290,000 in May 2024, which was around 6% below the average May 2024 semi-detached price in the Wiltshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

14 SPEEDWELL CLOSE Sold Prices

Land registry data shows five sales for 14 SPEEDWELL CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Wiltshire local authority area for the corresponding sale date. All of the five 14 SPEEDWELL 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
2024 17 MAY	£290,000	£308,906	6% below HPI
2024 28 MAR	£290,000	£309,482	6% below HPI
2020 29 MAY	£240,000	£265,501	10% below HPI
2005 22 JUL	£160,000	£183,905	13% below HPI
1996 24 MAY	£58,000	£60,696	4% below HPI

14 SPEEDWELL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wiltshire local authority area over time, sourced from the HPI. The five 14 SPEEDWELL CLOSE sales between May 1996 and May 2024 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 2024 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2024 sale, which was also at 6% below the HPI.

What might 14 SPEEDWELL CLOSE be worth now?

14 SPEEDWELL CLOSE might now be worth an estimated £308,735.

This is based on house price inflation of 6.5%, between May 2024 and February 2025, for semi-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 6.5% inflationary increase is applied to the most recent sale price for 14 SPEEDWELL CLOSE of £290,000 on 17th May 2024. For the value to have increased from £290,000 to £308,735 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 14 SPEEDWELL CLOSE has moved in line with the HPI for semi-detached houses in the Wiltshire local authority area.
• The May 2024 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 14 SPEEDWELL CLOSE has not materially changed since May 2024.

How Large is 14 SPEEDWELL CLOSE?

14 SPEEDWELL CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% of semi-detached houses houses in Melksham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melksham, and where 14 SPEEDWELL CLOSE lies on this distribution: 18% of semi-detached houses houses are smaller than 14 SPEEDWELL CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Melksham.

14 SPEEDWELL CLOSE: Plot and Title Map

14 SPEEDWELL CLOSE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 14 SPEEDWELL 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 SPEEDWELL 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 SPEEDWELL CLOSE?

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