4, LAVENDER CLOSE, MELKSHAM, SN12 6FW - £170,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 LAVENDER CLOSE is a very small detached house of 88m², built sometime between 1991 and 1995. It was last sold for £170,000 in December 2011, which was around 47% below the average December 2011 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

4 LAVENDER CLOSE Sold Prices

Land registry data shows four sales for 4 LAVENDER CLOSE 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 LAVENDER CLOSE 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
2011 16 DEC	£170,000	£322,026	47% below HPI
2011 21 APR	£195,000	£318,173	39% below HPI
2010 26 NOV	£199,950	£330,274	39% below HPI
1999 17 DEC	£93,000	£160,665	42% below HPI

4 LAVENDER CLOSE 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 LAVENDER CLOSE sales between December 1999 and December 2011 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 April 2011 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2011 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 4 LAVENDER CLOSE be worth now?

4 LAVENDER CLOSE might now be worth an estimated £274,363.

This is based on house price inflation of 61.4%, between December 2011 and December 2024, 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 61.4% inflationary increase is applied to the most recent sale price for 4 LAVENDER CLOSE of £170,000 on 16th December 2011. For the value to have increased from £170,000 to £274,363 over the thirteen years to December 2024, the following assumptions must hold true:

• The value of 4 LAVENDER CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The December 2011 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LAVENDER CLOSE has not materially changed since December 2011.

How Large is 4 LAVENDER CLOSE?

4 LAVENDER CLOSE is 88m² according to the EPC inspection conducted in March 2011. 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 4 LAVENDER CLOSE lies on this distribution: 16% of detached houses houses are smaller than 4 LAVENDER CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Melksham.

4 LAVENDER CLOSE: Plot and Title Map

4 LAVENDER CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 4 LAVENDER CLOSE, 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 LAVENDER CLOSE). 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 LAVENDER CLOSE?

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