22, CRANESBILL ROAD, MELKSHAM, SN12 7GG - £340,000

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 CRANESBILL ROAD is a large extended detached house of 132m², built sometime from 2012 onwards. It was last sold for £340,000 in May 2024, which was around 30% below the average May 2024 detached price in the Wiltshire local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

22 CRANESBILL ROAD Sold Prices

Land registry data shows three sales for 22 CRANESBILL ROAD 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 CRANESBILL 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
2024 24 MAY	£340,000	£488,950	30% below HPI
2017 30 JUN	£285,000	£402,353	29% below HPI
2013 29 NOV	£250,000	£325,953	23% below HPI

22 CRANESBILL 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 three 22 CRANESBILL ROAD sales between November 2013 and May 2024 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 June 2017 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2024 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 22 CRANESBILL ROAD?

22 CRANESBILL ROAD is 132m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the largest 30% 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 CRANESBILL ROAD lies on this distribution: 71% of detached houses are smaller than 22 CRANESBILL ROAD, and 28% of houses are larger. Note that EPC data is not available for all properties in Melksham.

22 CRANESBILL ROAD: Plot and Title Map

22 CRANESBILL ROAD sits on a plot of roughly 0.376 of an acre, or 1,522m². The below map shows the location of 22 CRANESBILL 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 22 CRANESBILL 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 22 CRANESBILL ROAD?

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