4, PARK ROAD, BOWERHILL, MELKSHAM, SN12 6WQ - £374,000

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 PARK ROAD is a very large extended detached house of 178m², built sometime between 2003 and 2006, which could now be worth an estimated £454,803. It was last sold for £374,000 in December 2019, which was around 13% below the average December 2019 detached price in the Wiltshire local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

4 PARK ROAD Sold Prices

Land registry data shows two sales for 4 PARK ROAD 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 4 PARK 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
2019 16 DEC	£374,000	£427,431	13% below HPI
2005 25 FEB	£279,995	£292,753	4% below HPI

4 PARK 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 two 4 PARK ROAD sales from February 2005 and December 2019 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 February 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 4 PARK ROAD be worth now?

4 PARK ROAD might now be worth an estimated £454,803.

This is based on house price inflation of 21.6%, between December 2019 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 21.6% inflationary increase is applied to the most recent sale price for 4 PARK ROAD of £374,000 on 16th December 2019. For the value to have increased from £374,000 to £454,803 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 PARK ROAD has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The December 2019 sale price of £374,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PARK ROAD has not materially changed since December 2019.

How Large is 4 PARK ROAD?

4 PARK ROAD is 178m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 10% of detached houses houses in Bowerhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bowerhill, and where 4 PARK ROAD lies on this distribution: 94% of detached houses houses are smaller than 4 PARK ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Bowerhill.

4 PARK ROAD: Plot and Title Map

4 PARK ROAD sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 4 PARK 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 PARK 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 PARK ROAD?

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