30, PENNINE CLOSE, MELKSHAM, SN12 7RX - £290,000

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.

30 PENNINE CLOSE is a very small semi-detached house of 67m², built sometime between 1983 and 1990, which could now be worth an estimated £303,517. It was last sold for £290,000 in July 2022, which was around 8% below the average July 2022 semi-detached price in the Wiltshire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

30 PENNINE CLOSE Sold Prices

Land registry data shows three sales for 30 PENNINE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wiltshire local authority area for the corresponding sale date. All of the three 30 PENNINE 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
2022 20 JUL	£290,000	£314,216	8% below HPI
2018 29 MAR	£223,000	£263,243	15% below HPI
1999 12 FEB	£46,950	£79,834	41% below HPI

30 PENNINE 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 three 30 PENNINE CLOSE sales between February 1999 and July 2022 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 March 2018 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 30 PENNINE CLOSE be worth now?

30 PENNINE CLOSE might now be worth an estimated £303,517.

This is based on house price inflation of 4.7%, between July 2022 and February 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 4.7% inflationary increase is applied to the most recent sale price for 30 PENNINE CLOSE of £290,000 on 20th July 2022. For the value to have increased from £290,000 to £303,517 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 30 PENNINE CLOSE has moved in line with the HPI for semi-detached houses in the Wiltshire local authority area.
• The July 2022 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 30 PENNINE CLOSE has not materially changed since July 2022.

How Large is 30 PENNINE CLOSE?

30 PENNINE CLOSE is 67m² according to the EPC inspection conducted in June 2022. 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 30 PENNINE CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 30 PENNINE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Melksham.

30 PENNINE CLOSE: Plot and Title Map

30 PENNINE CLOSE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 30 PENNINE 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 30 PENNINE 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 30 PENNINE CLOSE?

30 PENNINE CLOSE is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 30 on PENNINE CLOSE.