3, BREAM CLOSE, MELKSHAM, SN12 7JX - £219,000

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.

3 BREAM CLOSE is a very small semi-detached house of 60m², built sometime between 1976 and 1982, which could now be worth an estimated £261,490. It was last sold for £219,000 in March 2021, which was around 21% below the average March 2021 semi-detached price in the Wiltshire local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

3 BREAM CLOSE Sold Prices

Land registry data shows four sales for 3 BREAM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Wiltshire local authority area for the corresponding sale date. All of the four 3 BREAM 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
2021 19 MAR	£219,000	£278,281	21% below HPI
2012 27 JAN	£141,500	£196,494	28% below HPI
2004 14 APR	£60,000	£169,618	65% below HPI
2002 17 SEP	£119,500	£141,777	16% below HPI

3 BREAM CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wiltshire local authority area over time, sourced from the HPI. The four 3 BREAM CLOSE sales between September 2002 and March 2021 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 January 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 3 BREAM CLOSE be worth now?

3 BREAM CLOSE might now be worth an estimated £261,490.

This is based on house price inflation of 19.4%, between March 2021 and March 2025, for semi-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 19.4% inflationary increase is applied to the most recent sale price for 3 BREAM CLOSE of £219,000 on 19th March 2021. For the value to have increased from £219,000 to £261,490 over the four years to March 2025, the following assumptions must hold true:

• The value of 3 BREAM CLOSE has moved in line with the HPI for semi-detached houses in the Wiltshire local authority area.
• The March 2021 sale price of £219,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BREAM CLOSE has not materially changed since March 2021.

How Large is 3 BREAM CLOSE?

3 BREAM CLOSE is 60m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of semi-detached houses houses in Melksham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melksham, and where 3 BREAM CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 3 BREAM CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Melksham.

3 BREAM CLOSE: Plot and Title Map

3 BREAM CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 3 BREAM 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 3 BREAM 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 3 BREAM CLOSE?

3 BREAM CLOSE is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 3 on BREAM CLOSE.