16, SPEEDWELL CLOSE, MELKSHAM, SN12 7TE - £275,000

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.

16 SPEEDWELL CLOSE is a very small extended terraced house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £275,238. It was last sold for £275,000 in January 2025, which was around 6% above the average January 2025 terraced price in the Wiltshire local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was B.

16 SPEEDWELL CLOSE Sold Prices

Land registry data shows three sales for 16 SPEEDWELL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Wiltshire local authority area for the corresponding sale date. All of the three 16 SPEEDWELL CLOSE sales were for above 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
2025 10 JAN	£275,000	£259,153	6% above HPI
2005 6 MAY	£164,950	£147,516	12% above HPI
1996 14 JUN	£58,000	£49,223	18% above HPI

16 SPEEDWELL CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wiltshire local authority area over time, sourced from the HPI. The three 16 SPEEDWELL CLOSE sales between June 1996 and January 2025 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 May 2005 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the January 2025 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 16 SPEEDWELL CLOSE be worth now?

16 SPEEDWELL CLOSE might now be worth an estimated £275,238.

This is based on house price inflation of 0.1%, between January 2025 and July 2025, for terraced 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 0.1% inflationary increase is applied to the most recent sale price for 16 SPEEDWELL CLOSE of £275,000 on 10th January 2025. For the value to have increased from £275,000 to £275,238 over the six months to July 2025, the following assumptions must hold true:

• The value of 16 SPEEDWELL CLOSE has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The January 2025 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SPEEDWELL CLOSE has not materially changed since January 2025.

How Large is 16 SPEEDWELL CLOSE?

16 SPEEDWELL CLOSE is 71m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the smallest 10% of terraced houses houses in Melksham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Melksham, and where 16 SPEEDWELL CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 16 SPEEDWELL CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Melksham.

16 SPEEDWELL CLOSE: Plot and Title Map

16 SPEEDWELL CLOSE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 16 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 16 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 16 SPEEDWELL CLOSE?

16 SPEEDWELL CLOSE is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 16 on SPEEDWELL CLOSE.