361, SNARLTON LANE, MELKSHAM, SN12 7QW - £297,000

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.

361 SNARLTON LANE is a very small extended detached house of 85m², built sometime before 1900, which could now be worth an estimated £337,096. It was last sold for £297,000 in January 2021, which was around 35% below the average January 2021 detached price in the Wiltshire local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

361 SNARLTON LANE Sold Prices

Land registry data shows two sales for 361 SNARLTON LANE 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 361 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
2021 29 JAN	£297,000	£457,953	35% below HPI
1996 15 NOV	£70,000	£108,551	36% below HPI

361 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 two 361 SNARLTON LANE sales from November 1996 and January 2021 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 November 1996 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 361 SNARLTON LANE be worth now?

361 SNARLTON LANE might now be worth an estimated £337,096.

This is based on house price inflation of 13.5%, between January 2021 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 13.5% inflationary increase is applied to the most recent sale price for 361 SNARLTON LANE of £297,000 on 29th January 2021. For the value to have increased from £297,000 to £337,096 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 361 SNARLTON LANE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The January 2021 sale price of £297,000 represented a fair market value for the property.
• The size, condition, and specification of 361 SNARLTON LANE has not materially changed since January 2021.

How Large is 361 SNARLTON LANE?

361 SNARLTON LANE is 85m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% of detached houses houses in Melksham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melksham, and where 361 SNARLTON LANE lies on this distribution: 13% of detached houses houses are smaller than 361 SNARLTON LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Melksham.

361 SNARLTON LANE: Plot and Title Map

361 SNARLTON LANE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 361 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 361 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 361 SNARLTON LANE?

361 SNARLTON LANE is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 361 on SNARLTON LANE.