1A, MONTAGUE PLACE, MELKSHAM, SN12 7DA - £215,000

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.

1A MONTAGUE PLACE is a large detached house of 130m², built sometime from 2007 onwards, which could now be worth an estimated £319,583. It was last sold for £215,000 in February 2015, which was around 39% below the average February 2015 detached price in the Wiltshire local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

1A MONTAGUE PLACE Sold Prices

Land registry data shows two sales for 1A MONTAGUE PLACE 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 1A MONTAGUE PLACE 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
2015 20 FEB	£215,000	£349,681	39% below HPI
2010 14 MAY	£183,000	£319,189	43% below HPI

1A MONTAGUE PLACE 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 1A MONTAGUE PLACE sales from May 2010 and February 2015 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 2010 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2015 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 1A MONTAGUE PLACE be worth now?

1A MONTAGUE PLACE might now be worth an estimated £319,583.

This is based on house price inflation of 48.6%, between February 2015 and February 2025, 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 48.6% inflationary increase is applied to the most recent sale price for 1A MONTAGUE PLACE of £215,000 on 20th February 2015. For the value to have increased from £215,000 to £319,583 over the ten years to February 2025, the following assumptions must hold true:

• The value of 1A MONTAGUE PLACE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The February 2015 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 1A MONTAGUE PLACE has not materially changed since February 2015.

How Large is 1A MONTAGUE PLACE?

1A MONTAGUE PLACE is 130m² according to the EPC inspection conducted in February 2009. This puts it in the largest 40% 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 1A MONTAGUE PLACE lies on this distribution: 68% of detached houses houses are smaller than 1A MONTAGUE PLACE, and 32% of houses are larger. Note that EPC data is not available for all properties in Melksham.

1A MONTAGUE PLACE: Plot and Title Map

1A MONTAGUE PLACE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 1A MONTAGUE PLACE, 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 1A MONTAGUE PLACE). 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 1A MONTAGUE PLACE?

1A MONTAGUE PLACE is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 1A on MONTAGUE PLACE.