15, MARTLET CLOSE, BOWERHILL, MELKSHAM, SN12 6XX - £260,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 MARTLET CLOSE is a very small extended detached house of 86m², built sometime between 1996 and 2002. It was last sold for £260,000 in May 2019, which was around 36% below the average May 2019 detached price in the Wiltshire local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

15 MARTLET CLOSE Sold Prices

Land registry data shows two sales for 15 MARTLET CLOSE 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 15 MARTLET 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
2019 21 MAY	£260,000	£409,269	36% below HPI
2018 30 NOV	£280,000	£423,927	34% below HPI

15 MARTLET 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 two 15 MARTLET CLOSE sales from November 2018 and May 2019 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 November 2018 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2019 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 15 MARTLET CLOSE?

15 MARTLET CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% of detached houses in Bowerhill, based on EPC data. The below chart shows the distribution of detached houses by size in Bowerhill, and where 15 MARTLET CLOSE lies on this distribution: 17% of detached houses are smaller than 15 MARTLET CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Bowerhill.

15 MARTLET CLOSE: Plot and Title Map

15 MARTLET CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 15 MARTLET 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 15 MARTLET 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 15 MARTLET CLOSE?

15 MARTLET CLOSE is located in BOWERHILL, in the SN12 postcode district. The below map shows the position of No. 15 on MARTLET CLOSE.