4, NEW LAWNS, MELKSHAM, SN12 7UB - £410,000

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 NEW LAWNS is a very large extended detached house of 144m², built sometime between 1996 and 2002, which could now be worth an estimated £482,912. It was last sold for £410,000 in October 2018, which was around 7% below the average October 2018 detached price in the Wiltshire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

4 NEW LAWNS Sold Prices

Land registry data shows two sales for 4 NEW LAWNS 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. One of the two 4 NEW LAWNS sales was for below the average price, whilst the other was 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
2018 18 OCT	£410,000	£441,300	7% below HPI
1997 15 AUG	£138,500	£118,997	16% above HPI

4 NEW LAWNS 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 4 NEW LAWNS sales from August 1997 and October 2018 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 August 1997 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2018 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 4 NEW LAWNS be worth now?

4 NEW LAWNS might now be worth an estimated £482,912.

This is based on house price inflation of 17.8%, between October 2018 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 17.8% inflationary increase is applied to the most recent sale price for 4 NEW LAWNS of £410,000 on 18th October 2018. For the value to have increased from £410,000 to £482,912 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 NEW LAWNS has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The October 2018 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 4 NEW LAWNS has not materially changed since October 2018.

How Large is 4 NEW LAWNS?

4 NEW LAWNS is 144m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 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 NEW LAWNS lies on this distribution: 84% of detached houses houses are smaller than 4 NEW LAWNS, and 14% of houses are larger. Note that EPC data is not available for all properties in Melksham.

4 NEW LAWNS: Plot and Title Map

4 NEW LAWNS sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 4 NEW LAWNS, 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 NEW LAWNS). 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 NEW LAWNS?

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