18, PARK ROAD, BOWERHILL, MELKSHAM, SN12 6WQ - £375,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 PARK ROAD is a large detached house of 132m², built sometime between 2003 and 2006. It was last sold for £375,000 in February 2021, which was around 14% below the average February 2021 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

18 PARK ROAD Sold Prices

Land registry data shows three sales for 18 PARK ROAD 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 18 PARK ROAD 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
2021 24 FEB	£375,000	£436,700	14% below HPI
2006 15 DEC	£249,950	£312,835	20% below HPI
2004 25 JUN	£239,995	£274,471	13% below HPI

18 PARK ROAD 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 18 PARK ROAD sales between June 2004 and February 2021 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 December 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 18 PARK ROAD?

18 PARK ROAD is 132m² according to the EPC inspection conducted in March 2012. This puts it in the largest 30% of detached houses in Bowerhill, based on EPC data. The below chart shows the distribution of detached houses by size in Bowerhill, and where 18 PARK ROAD lies on this distribution: 75% of detached houses are smaller than 18 PARK ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Bowerhill.

18 PARK ROAD: Plot and Title Map

18 PARK ROAD sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 18 PARK ROAD, 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 18 PARK ROAD). 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 18 PARK ROAD?

18 PARK ROAD is located in BOWERHILL, in the SN12 postcode district. The below map shows the position of No. 18 on PARK ROAD.