34, TEACHERS WAY, MELKSHAM, SN12 8FA - £317,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

34 TEACHERS WAY is a midsized detached house of 122m². It was last sold for £317,000 in December 2019, which was around 23% below the average December 2019 detached price in the Wiltshire local authority area. The most recent EPC inspection was December 2016, where the current energy rating was B, and the potential energy rating was A.

34 TEACHERS WAY Sold Prices

Land registry data shows two sales for 34 TEACHERS WAY 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 34 TEACHERS WAY 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
2019 6 DEC	£317,000	£413,040	23% below HPI
2017 31 MAR	£299,995	£396,028	24% below HPI

34 TEACHERS WAY 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 34 TEACHERS WAY sales from March 2017 and December 2019 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 2017 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2019 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 34 TEACHERS WAY?

34 TEACHERS WAY is 122m² according to the EPC inspection conducted in December 2016. This puts it in the largest 40% of detached houses in Melksham, based on EPC data. The below chart shows the distribution of detached houses by size in Melksham, and where 34 TEACHERS WAY lies on this distribution: 56% of detached houses are smaller than 34 TEACHERS WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Melksham.

34 TEACHERS WAY: Plot and Title Map

34 TEACHERS WAY sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 34 TEACHERS WAY, 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 34 TEACHERS WAY). 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 34 TEACHERS WAY?

34 TEACHERS WAY is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 34 on TEACHERS WAY.