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
2 WELL MEADOW is a midsized extended detached house of 140m², built sometime between 1950 and 1966. It was last sold for £605,000 in March 2022, which was around 28% above the average March 2022 detached price in the Wiltshire local authority area. The most recent EPC inspection was October 2021, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 2 WELL MEADOW since 1st 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 WELL MEADOW 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 |
---|---|---|---|
2022 18 MAR | £605,000 | £472,721 | 28% above HPI |
2017 7 AUG | £420,000 | £415,876 | 1% above HPI |
The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The two 2 WELL MEADOW sales from August 2017 and March 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 August 2017 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2022 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.
2 WELL MEADOW is 140m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 40% of detached houses in Burbage, based on EPC data. The below chart shows the distribution of detached houses by size in Burbage, and where 2 WELL MEADOW lies on this distribution: 60% of detached houses are smaller than 2 WELL MEADOW, and 40% of houses are larger. Note that EPC data is not available for all properties in Burbage.
2 WELL MEADOW sits on a plot of roughly 0.203 of an acre, or 822m². The below map shows the location of 2 WELL MEADOW, 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 WELL MEADOW). 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.
2 WELL MEADOW is located in BURBAGE, in the SN8 postcode district. The below map shows the position of No. 2 on WELL MEADOW.