323B, SNARLTON LANE, MELKSHAM, SN12 7QW - £400,000

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

323B SNARLTON LANE is a midsized detached house of 121m², built sometime between 1983 and 1990. It was last sold for £400,000 in January 2023, which was around 21% below the average January 2023 detached price in the Wiltshire local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

323B SNARLTON LANE Sold Prices

Land registry data shows four sales for 323B SNARLTON LANE 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 323B SNARLTON LANE 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
2023 25 JAN	£400,000	£503,935	21% below HPI
2021 26 FEB	£320,000	£436,700	27% below HPI
2012 17 DEC	£205,000	£311,221	34% below HPI
2001 14 AUG	£149,950	£197,834	24% below HPI

323B SNARLTON LANE 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 323B SNARLTON LANE sales between August 2001 and January 2023 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 February 2021 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2023 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 323B SNARLTON LANE?

323B SNARLTON LANE is 121m² according to the EPC inspection conducted in April 2010. This puts it in the largest 50% of detached houses in Melksham, based on EPC data. The below chart shows the distribution of detached houses by size in Melksham, and where 323B SNARLTON LANE lies on this distribution: 56% of detached houses are smaller than 323B SNARLTON LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Melksham.

323B SNARLTON LANE: Plot and Title Map

323B SNARLTON LANE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 323B SNARLTON LANE, 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 323B SNARLTON LANE). 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 323B SNARLTON LANE?

323B SNARLTON LANE is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 323B on SNARLTON LANE.