17, ALDER WAY, MELKSHAM, SN12 6UL - £174,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

17 ALDER WAY is a very small detached house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £211,235. It was last sold for £174,500 in October 2017, which was around 59% below the average October 2017 detached price in the Wiltshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

17 ALDER WAY Sold Prices

Land registry data shows three sales for 17 ALDER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the three 17 ALDER WAY 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
2017 30 OCT	£174,500	£429,336	59% below HPI
2006 9 OCT	£136,000	£323,754	58% below HPI
1997 25 JUL	£43,500	£115,687	62% below HPI

17 ALDER WAY 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 three 17 ALDER WAY sales between July 1997 and October 2017 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 October 2006 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the October 2017 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

What might 17 ALDER WAY be worth now?

17 ALDER WAY might now be worth an estimated £211,235.

This is based on house price inflation of 21.1%, between October 2017 and December 2024, for 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 21.1% inflationary increase is applied to the most recent sale price for 17 ALDER WAY of £174,500 on 30th October 2017. For the value to have increased from £174,500 to £211,235 over the six years and ten months to December 2024, the following assumptions must hold true:

• The value of 17 ALDER WAY has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The October 2017 sale price of £174,500 represented a fair market value for the property.
• The size, condition, and specification of 17 ALDER WAY has not materially changed since October 2017.

How Large is 17 ALDER WAY?

17 ALDER WAY is 56m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of detached houses houses in Melksham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melksham, and where 17 ALDER WAY lies on this distribution: 1% of detached houses houses are smaller than 17 ALDER WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Melksham.

17 ALDER WAY: Plot and Title Map

17 ALDER WAY sits on a plot of roughly 0.037 of an acre, or 149m². The below map shows the location of 17 ALDER WAY, 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 17 ALDER WAY). 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 17 ALDER WAY?

17 ALDER WAY is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 17 on ALDER WAY.