22, ARDEN CLOSE, MELKSHAM, SN12 7JT - £281,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

22 ARDEN CLOSE is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £281,500 in June 2017, which was around 30% below the average June 2017 detached price in the Wiltshire local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

22 ARDEN CLOSE Sold Prices

Land registry data shows two sales for 22 ARDEN 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 22 ARDEN CLOSE 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
2017 8 JUN	£281,500	£402,353	30% below HPI
2008 28 AUG	£205,000	£313,416	35% below HPI

22 ARDEN 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 22 ARDEN CLOSE sales from August 2008 and June 2017 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 2008 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2017 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 22 ARDEN CLOSE?

22 ARDEN CLOSE is 68m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of detached houses in Melksham, based on EPC data. The below chart shows the distribution of detached houses by size in Melksham, and where 22 ARDEN CLOSE lies on this distribution: 4% of detached houses are smaller than 22 ARDEN CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Melksham.

22 ARDEN CLOSE: Plot and Title Map

22 ARDEN CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 22 ARDEN 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 22 ARDEN 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 22 ARDEN CLOSE?

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