4, CRANESBILL ROAD, MELKSHAM, SN12 7GG - £400,000

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.

4 CRANESBILL ROAD is a large detached house of 126m², which could now be worth an estimated £406,672. It was last sold for £400,000 in May 2023, which was around 22% below the average May 2023 detached price in the Wiltshire local authority area. The most recent EPC inspection was September 2013, where the current energy rating was B, and the potential energy rating was B.

4 CRANESBILL ROAD Sold Prices

Land registry data shows four sales for 4 CRANESBILL ROAD 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 4 CRANESBILL ROAD 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 31 MAY	£400,000	£511,250	22% below HPI
2016 22 JAN	£295,000	£383,395	23% below HPI
2015 12 JUN	£295,000	£358,791	18% below HPI
2013 8 MAR	£275,000	£320,142	14% below HPI

4 CRANESBILL ROAD 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 4 CRANESBILL ROAD sales between March 2013 and May 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 January 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2023 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 4 CRANESBILL ROAD be worth now?

4 CRANESBILL ROAD might now be worth an estimated £406,672.

This is based on house price inflation of 1.7%, between May 2023 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 1.7% inflationary increase is applied to the most recent sale price for 4 CRANESBILL ROAD of £400,000 on 31st May 2023. For the value to have increased from £400,000 to £406,672 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 4 CRANESBILL ROAD has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The May 2023 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CRANESBILL ROAD has not materially changed since May 2023.

How Large is 4 CRANESBILL ROAD?

4 CRANESBILL ROAD is 126m² according to the EPC inspection conducted in September 2013. This puts it in the largest 40% 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 4 CRANESBILL ROAD lies on this distribution: 62% of detached houses houses are smaller than 4 CRANESBILL ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Melksham.

4 CRANESBILL ROAD: Plot and Title Map

4 CRANESBILL ROAD sits on a plot of roughly 0.422 of an acre, or 1,706m². The below map shows the location of 4 CRANESBILL ROAD, 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 4 CRANESBILL ROAD). 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 4 CRANESBILL ROAD?

4 CRANESBILL ROAD is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 4 on CRANESBILL ROAD.