27, PENNINE CLOSE, MELKSHAM, SN12 7RX - £225,000

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.

27 PENNINE CLOSE is a very small detached house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £236,545. It was last sold for £225,000 in April 2024, which was around 54% below the average April 2024 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

27 PENNINE CLOSE Sold Prices

Land registry data shows three sales for 27 PENNINE CLOSE 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 27 PENNINE 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
2024 4 APR	£225,000	£494,410	54% below HPI
2023 20 OCT	£255,000	£516,315	51% below HPI
2014 2 OCT	£155,000	£354,598	56% below HPI

27 PENNINE 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 three 27 PENNINE CLOSE sales between October 2014 and April 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 October 2023 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the April 2024 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 27 PENNINE CLOSE be worth now?

27 PENNINE CLOSE might now be worth an estimated £236,545.

This is based on house price inflation of 5.1%, between April 2024 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 5.1% inflationary increase is applied to the most recent sale price for 27 PENNINE CLOSE of £225,000 on 4th April 2024. For the value to have increased from £225,000 to £236,545 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of 27 PENNINE CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The April 2024 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 27 PENNINE CLOSE has not materially changed since April 2024.

How Large is 27 PENNINE CLOSE?

27 PENNINE CLOSE is 58m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 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 27 PENNINE CLOSE lies on this distribution: 1% of detached houses houses are smaller than 27 PENNINE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Melksham.

27 PENNINE CLOSE: Plot and Title Map

27 PENNINE CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 27 PENNINE 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 27 PENNINE 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 27 PENNINE CLOSE?

27 PENNINE CLOSE is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 27 on PENNINE CLOSE.