2, CHESTNUT MEWS, MELKSHAM, SN12 6UE - £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.

2 CHESTNUT MEWS is a very small detached house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £214,743. It was last sold for £215,000 in November 2022, which was around 59% below the average November 2022 detached price in the Wiltshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

2 CHESTNUT MEWS Sold Prices

Land registry data shows two sales for 2 CHESTNUT MEWS 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 2 CHESTNUT MEWS 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
2022 11 NOV	£215,000	£520,401	59% below HPI
2001 29 JUN	£72,000	£197,047	63% below HPI

2 CHESTNUT MEWS 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 2 CHESTNUT MEWS sales from June 2001 and November 2022 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 June 2001 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the November 2022 sale, where it rises to 59% below the HPI. The line then continues to track at 59% below the HPI.

What might 2 CHESTNUT MEWS be worth now?

2 CHESTNUT MEWS might now be worth an estimated £214,743.

This is based on house price deflation of 0.1%, between November 2022 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 0.1% deflationary decrease is applied to the most recent sale price for 2 CHESTNUT MEWS of £215,000 on 11th November 2022. For the value to have decreased from £215,000 to £214,743 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 CHESTNUT MEWS has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The November 2022 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHESTNUT MEWS has not materially changed since November 2022.

How Large is 2 CHESTNUT MEWS?

2 CHESTNUT MEWS is 60m² according to the EPC inspection conducted in June 2019. 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 2 CHESTNUT MEWS lies on this distribution: 2% of detached houses houses are smaller than 2 CHESTNUT MEWS, and 98% of houses are larger. Note that EPC data is not available for all properties in Melksham.

2 CHESTNUT MEWS: Plot and Title Map

2 CHESTNUT MEWS sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 2 CHESTNUT MEWS, 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 2 CHESTNUT MEWS). 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 2 CHESTNUT MEWS?

2 CHESTNUT MEWS is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 2 on CHESTNUT MEWS.