2, MILL CLOSE, GREAT BEDWYN, MARLBOROUGH, SN8 3PJ - £795,000

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 MILL CLOSE is a very large extended detached house of 195m², built sometime between 1950 and 1966, which could now be worth an estimated £1,081,921. It was last sold for £795,000 in January 2016, which was around 107% above the average January 2016 detached price in the Wiltshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

2 MILL CLOSE Sold Prices

Land registry data shows two sales for 2 MILL CLOSE 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 MILL CLOSE sales were for above 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
2016 22 JAN	£795,000	£383,395	107% above HPI
2008 7 MAR	£460,000	£332,307	38% above HPI

2 MILL CLOSE 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 MILL CLOSE sales from March 2008 and January 2016 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 March 2008 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the January 2016 sale, where it rises to 107% above the HPI. The line then continues to track at 107% above the HPI.

What might 2 MILL CLOSE be worth now?

2 MILL CLOSE might now be worth an estimated £1,081,921.

This is based on house price inflation of 36.1%, between January 2016 and March 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 36.1% inflationary increase is applied to the most recent sale price for 2 MILL CLOSE of £795,000 on 22nd January 2016. For the value to have increased from £795,000 to £1,081,921 over the eight years and ten months to March 2025, the following assumptions must hold true:

• The value of 2 MILL CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The January 2016 sale price of £795,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILL CLOSE has not materially changed since January 2016.

How Large is 2 MILL CLOSE?

2 MILL CLOSE is 195m², which includes three extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 20% of detached houses houses in Great Bedwyn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Bedwyn, and where 2 MILL CLOSE lies on this distribution: 87% of detached houses houses are smaller than 2 MILL CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Great Bedwyn.

2 MILL CLOSE: Plot and Title Map

2 MILL CLOSE sits on a plot of roughly 0.328 of an acre, or 1,328m². The below map shows the location of 2 MILL CLOSE, 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 MILL CLOSE). 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 MILL CLOSE?

2 MILL CLOSE is located in GREAT BEDWYN, in the SN8 postcode district. The below map shows the position of No. 2 on MILL CLOSE.