4, VICTORIA TERRACE, MELKSHAM, SN12 6NA - £215,000

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 VICTORIA TERRACE is a small extended detached house of 97m², built sometime before 1900, which could now be worth an estimated £330,478. It was last sold for £215,000 in October 2013, which was around 36% below the average October 2013 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was E.

4 VICTORIA TERRACE Sold Prices

Land registry data shows three sales for 4 VICTORIA TERRACE 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 4 VICTORIA TERRACE 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
2013 4 OCT	£215,000	£338,114	36% below HPI
2006 19 MAY	£199,950	£304,235	34% below HPI
1997 14 MAR	£70,000	£112,505	38% below HPI

4 VICTORIA TERRACE 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 4 VICTORIA TERRACE sales between March 1997 and October 2013 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 May 2006 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2013 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 4 VICTORIA TERRACE be worth now?

4 VICTORIA TERRACE might now be worth an estimated £330,478.

This is based on house price inflation of 53.7%, between October 2013 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 53.7% inflationary increase is applied to the most recent sale price for 4 VICTORIA TERRACE of £215,000 on 4th October 2013. For the value to have increased from £215,000 to £330,478 over the ten years and ten months to December 2024, the following assumptions must hold true:

• The value of 4 VICTORIA TERRACE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The October 2013 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 4 VICTORIA TERRACE has not materially changed since October 2013.

How Large is 4 VICTORIA TERRACE?

4 VICTORIA TERRACE is 97m², which includes two extensions, according to the EPC inspection conducted in March 2012. This puts it in the smallest 30% 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 VICTORIA TERRACE lies on this distribution: 28% of detached houses houses are smaller than 4 VICTORIA TERRACE, and 72% of houses are larger. Note that EPC data is not available for all properties in Melksham.

4 VICTORIA TERRACE: Plot and Title Map

4 VICTORIA TERRACE sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 4 VICTORIA TERRACE, 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 VICTORIA TERRACE). 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 VICTORIA TERRACE?

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