3, PARK ROAD, BOWERHILL, MELKSHAM, SN12 6WG - £265,000

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 PARK ROAD is a large detached house of 132m², built sometime between 2003 and 2006. It was last sold for £265,000 in February 2014, which was around 17% below the average February 2014 detached price in the Wiltshire local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

3 PARK ROAD Sold Prices

Land registry data shows three sales for 3 PARK 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 3 PARK 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
2014 7 FEB	£265,000	£319,323	17% below HPI
2011 10 JUN	£249,000	£305,606	19% below HPI
2003 19 DEC	£235,000	£262,600	11% below HPI

3 PARK 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 3 PARK ROAD sales between December 2003 and February 2014 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 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2014 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 3 PARK ROAD?

3 PARK ROAD is 132m² according to the EPC inspection conducted in January 2011. This puts it in the largest 30% 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 PARK ROAD lies on this distribution: 76% of detached houses are smaller than 3 PARK ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Bowerhill.

3 PARK ROAD: Plot and Title Map

3 PARK ROAD sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 3 PARK 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 PARK 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 PARK ROAD?

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