3, MAGISTER ROAD, BOWERHILL, MELKSHAM, SN12 6FD - £315,000

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

3 MAGISTER ROAD is a very small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £315,000 in September 2021, which was around 28% below the average September 2021 detached price in the Wiltshire local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

3 MAGISTER ROAD Sold Prices

Land registry data shows four sales for 3 MAGISTER 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 MAGISTER 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
2021 29 SEP	£315,000	£439,651	28% below HPI
2016 25 JUL	£230,000	£383,256	40% below HPI
2006 31 MAR	£175,000	£289,799	40% below HPI
2004 16 AUG	£174,000	£285,843	39% below HPI

3 MAGISTER 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 MAGISTER ROAD sales between August 2004 and September 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 July 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 MAGISTER ROAD?

3 MAGISTER ROAD is 81m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of detached houses in Bowerhill, based on EPC data. The below chart shows the distribution of detached houses by size in Bowerhill, and where 3 MAGISTER ROAD lies on this distribution: 8% of detached houses are smaller than 3 MAGISTER ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Bowerhill.

3 MAGISTER ROAD: Plot and Title Map

3 MAGISTER ROAD sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 3 MAGISTER 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 MAGISTER 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 MAGISTER ROAD?

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