16, ST MARGARETS GARDENS, MELKSHAM, SN12 7BT - £310,000

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

16 ST MARGARETS GARDENS is a very small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £310,000 in August 2024, which was around 39% below the average August 2024 detached price in the Wiltshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

16 ST MARGARETS GARDENS Sold Prices

Land registry data shows two sales for 16 ST MARGARETS GARDENS 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 16 ST MARGARETS GARDENS 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 30 AUG	£310,000	£504,631	39% below HPI
2021 14 MAY	£258,000	£432,120	40% below HPI

16 ST MARGARETS GARDENS 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 16 ST MARGARETS GARDENS sales from May 2021 and August 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 May 2021 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2024 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 16 ST MARGARETS GARDENS?

16 ST MARGARETS GARDENS is 85m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 20% of detached houses in Melksham, based on EPC data. The below chart shows the distribution of detached houses by size in Melksham, and where 16 ST MARGARETS GARDENS lies on this distribution: 13% of detached houses are smaller than 16 ST MARGARETS GARDENS, and 86% of houses are larger. Note that EPC data is not available for all properties in Melksham.

16 ST MARGARETS GARDENS: Plot and Title Map

16 ST MARGARETS GARDENS sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 16 ST MARGARETS GARDENS, 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 ST MARGARETS GARDENS). 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 ST MARGARETS GARDENS?

16 ST MARGARETS GARDENS is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 16 on ST MARGARETS GARDENS.