3, CORFE ROAD, MELKSHAM, SN12 6BQ - £305,000

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 CORFE ROAD is a large extended detached house of 137m², built sometime between 1967 and 1975, which could now be worth an estimated £372,285. It was last sold for £305,000 in July 2019, which was around 28% below the average July 2019 detached price in the Wiltshire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was C.

3 CORFE ROAD Sold Prices

Land registry data shows four sales for 3 CORFE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the four 3 CORFE 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
2019 9 JUL	£305,000	£425,836	28% below HPI
2019 29 APR	£320,000	£425,594	25% below HPI
2007 16 MAY	£249,950	£328,410	24% below HPI
2005 30 NOV	£225,000	£298,998	25% below HPI

3 CORFE 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 four 3 CORFE ROAD sales between November 2005 and July 2019 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 April 2019 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 3 CORFE ROAD be worth now?

3 CORFE ROAD might now be worth an estimated £372,285.

This is based on house price inflation of 22.1%, between July 2019 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 22.1% inflationary increase is applied to the most recent sale price for 3 CORFE ROAD of £305,000 on 9th July 2019. For the value to have increased from £305,000 to £372,285 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 3 CORFE ROAD has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The July 2019 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CORFE ROAD has not materially changed since July 2019.

How Large is 3 CORFE ROAD?

3 CORFE ROAD is 137m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 30% 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 3 CORFE ROAD lies on this distribution: 77% of detached houses houses are smaller than 3 CORFE ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Melksham.

3 CORFE ROAD: Plot and Title Map

3 CORFE ROAD sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 3 CORFE 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 3 CORFE 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 3 CORFE ROAD?

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