406A, THE SPA, MELKSHAM, SN12 6QL - £445,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

406A THE SPA is a large detached house of 127m², built sometime between 1976 and 1982. It was last sold for £445,000 in September 2020, which was around 4% above the average September 2020 detached price in the Wiltshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

406A THE SPA Sold Prices

Land registry data shows two sales for 406A THE SPA 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 406A THE SPA sales was for above the average price, whilst the other was 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
2020 28 SEP	£445,000	£427,428	4% above HPI
2009 29 MAY	£200,000	£275,981	28% below HPI

406A THE SPA 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 406A THE SPA sales from May 2009 and September 2020 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 2009 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2020 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 406A THE SPA?

406A THE SPA is 127m² according to the EPC inspection conducted in July 2020. This puts it in the largest 40% of detached houses in Melksham, based on EPC data. The below chart shows the distribution of detached houses by size in Melksham, and where 406A THE SPA lies on this distribution: 64% of detached houses are smaller than 406A THE SPA, and 34% of houses are larger. Note that EPC data is not available for all properties in Melksham.

406A THE SPA: Plot and Title Map

406A THE SPA sits on a plot of roughly 0.249 of an acre, or 1,009m². The below map shows the location of 406A THE SPA, 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 406A THE SPA). 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 406A THE SPA?

406A THE SPA is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 406A on THE SPA.