393, THE SPA, MELKSHAM, SN12 6QL - £475,000

Based on the April 2024 Price Paid Data (released on 30 May 2024), the March 2024 House Price Index (released on 22 May 2024), and the April 2024 Energy Performance of Buildings Data (released on 21 May 2024). Sources

393 THE SPA is a very large extended detached house of 245m², built sometime between 1930 and 1949. It was last sold for £475,000 in November 2010, which was around 49% above the average November 2010 detached price in the Wiltshire local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

393 THE SPA Sold Prices

Land registry data shows three sales for 393 THE SPA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the three 393 THE SPA sales were for above 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
2010 5 NOV	£475,000	£319,154	49% above HPI
2007 7 SEP	£494,000	£335,172	47% above HPI
2002 4 OCT	£294,500	£238,584	23% above HPI

393 THE SPA 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 three 393 THE SPA sales between October 2002 and November 2010 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 September 2007 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the November 2010 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 393 THE SPA?

393 THE SPA is 245m², which includes four extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 10% of detached houses in Melksham, based on EPC data. The below chart shows the distribution of detached houses by size in Melksham, and where 393 THE SPA lies on this distribution: More than 99% of detached houses are smaller than 393 THE SPA, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Melksham.

393 THE SPA: Plot and Title Map

393 THE SPA sits on a plot of roughly 0.428 of an acre, or 1,732m². The below map shows the location of 393 THE SPA, 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 393 THE SPA). 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 393 THE SPA?

393 THE SPA is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 393 on THE SPA.