22, ALDER WAY, MELKSHAM, SN12 6UL - £220,000

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.

22 ALDER WAY is a very large detached house of 168m², built sometime between 1983 and 1990, which could now be worth an estimated £339,982. It was last sold for £220,000 in July 2014, which was around 35% below the average July 2014 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

22 ALDER WAY Sold Prices

Land registry data shows three sales for 22 ALDER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the three 22 ALDER WAY 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
2014 24 JUL	£220,000	£336,345	35% below HPI
2009 30 OCT	£185,000	£303,785	39% below HPI
2000 13 DEC	£126,000	£186,748	33% below HPI

22 ALDER WAY 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 three 22 ALDER WAY sales between December 2000 and July 2014 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 October 2009 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2014 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 22 ALDER WAY be worth now?

22 ALDER WAY might now be worth an estimated £339,982.

This is based on house price inflation of 54.5%, between July 2014 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 54.5% inflationary increase is applied to the most recent sale price for 22 ALDER WAY of £220,000 on 24th July 2014. For the value to have increased from £220,000 to £339,982 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 22 ALDER WAY has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The July 2014 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 22 ALDER WAY has not materially changed since July 2014.

How Large is 22 ALDER WAY?

22 ALDER WAY is 168m² according to the EPC inspection conducted in March 2015. This puts it in the largest 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 22 ALDER WAY lies on this distribution: 95% of detached houses houses are smaller than 22 ALDER WAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Melksham.

22 ALDER WAY: Plot and Title Map

22 ALDER WAY sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 22 ALDER WAY, 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 22 ALDER WAY). 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 22 ALDER WAY?

22 ALDER WAY is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 22 on ALDER WAY.