20, PARK ROAD, BOWERHILL, MELKSHAM, SN12 6WQ - £240,000

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.

20 PARK ROAD is a very small detached house of 51m², built sometime between 2003 and 2006, which could now be worth an estimated £350,593. It was last sold for £240,000 in May 2015, which was around 33% below the average May 2015 detached price in the Wiltshire local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

20 PARK ROAD Sold Prices

Land registry data shows four sales for 20 PARK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the four 20 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
2015 5 MAY	£240,000	£355,816	33% below HPI
2013 1 MAY	£199,500	£325,957	39% below HPI
2006 21 DEC	£243,995	£323,734	25% below HPI
2004 30 JUN	£216,995	£284,034	24% below HPI

20 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 four 20 PARK ROAD sales between June 2004 and May 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 2013 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2015 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 20 PARK ROAD be worth now?

20 PARK ROAD might now be worth an estimated £350,593.

This is based on house price inflation of 46.1%, between May 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 46.1% inflationary increase is applied to the most recent sale price for 20 PARK ROAD of £240,000 on 5th May 2015. For the value to have increased from £240,000 to £350,593 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 20 PARK ROAD has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The May 2015 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 20 PARK ROAD has not materially changed since May 2015.

How Large is 20 PARK ROAD?

20 PARK ROAD is 51m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of detached houses houses in Bowerhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bowerhill, and where 20 PARK ROAD lies on this distribution: Less than 1% of detached houses houses are smaller than 20 PARK ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bowerhill.

20 PARK ROAD: Plot and Title Map

20 PARK ROAD sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 20 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 20 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 20 PARK ROAD?

20 PARK ROAD is located in BOWERHILL, in the SN12 postcode district. The below map shows the position of No. 20 on PARK ROAD.