3, VALIANT CLOSE, BOWERHILL, MELKSHAM, SN12 6SW - £340,000

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 VALIANT CLOSE is a very large detached house of 153m², built sometime between 1983 and 1990, which could now be worth an estimated £395,979. It was last sold for £340,000 in October 2020, which was around 24% below the average October 2020 detached price in the Wiltshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

3 VALIANT CLOSE Sold Prices

Land registry data shows two sales for 3 VALIANT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. Both of the two 3 VALIANT 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
2020 2 OCT	£340,000	£446,298	24% below HPI
2015 8 MAY	£257,500	£355,816	28% below HPI

3 VALIANT 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 two 3 VALIANT CLOSE sales from May 2015 and October 2020 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 May 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2020 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 3 VALIANT CLOSE be worth now?

3 VALIANT CLOSE might now be worth an estimated £395,979.

This is based on house price inflation of 16.5%, between October 2020 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 16.5% inflationary increase is applied to the most recent sale price for 3 VALIANT CLOSE of £340,000 on 2nd October 2020. For the value to have increased from £340,000 to £395,979 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 VALIANT CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The October 2020 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 3 VALIANT CLOSE has not materially changed since October 2020.

How Large is 3 VALIANT CLOSE?

3 VALIANT CLOSE is 153m² according to the EPC inspection conducted in October 2014. This puts it in the largest 20% of detached houses houses in Bowerhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bowerhill, and where 3 VALIANT CLOSE lies on this distribution: 84% of detached houses houses are smaller than 3 VALIANT CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Bowerhill.

3 VALIANT CLOSE: Plot and Title Map

3 VALIANT CLOSE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 3 VALIANT 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 VALIANT 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 VALIANT CLOSE?

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