40A, GRASMERE, TROWBRIDGE, BA14 7LL - £350,000

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.

40A GRASMERE is a midsized extended detached house of 121m², built sometime between 1976 and 1982, which could now be worth an estimated £416,614. It was last sold for £350,000 in August 2018, which was around 20% below the average August 2018 detached price in the Wiltshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

40A GRASMERE Sold Prices

Land registry data shows two sales for 40A GRASMERE 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 40A GRASMERE 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
2018 8 AUG	£350,000	£436,669	20% below HPI
2016 16 NOV	£325,000	£402,808	19% below HPI

40A GRASMERE 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 40A GRASMERE sales from November 2016 and August 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 November 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 40A GRASMERE be worth now?

40A GRASMERE might now be worth an estimated £416,614.

This is based on house price inflation of 19%, between August 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 19% inflationary increase is applied to the most recent sale price for 40A GRASMERE of £350,000 on 8th August 2018. For the value to have increased from £350,000 to £416,614 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 40A GRASMERE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The August 2018 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 40A GRASMERE has not materially changed since August 2018.

How Large is 40A GRASMERE?

40A GRASMERE is 121m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the largest 50% of detached houses houses in Trowbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trowbridge, and where 40A GRASMERE lies on this distribution: 56% of detached houses houses are smaller than 40A GRASMERE, and 43% of houses are larger. Note that EPC data is not available for all properties in Trowbridge.

40A GRASMERE: Plot and Title Map

40A GRASMERE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 40A GRASMERE, 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 40A GRASMERE). 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 40A GRASMERE?

40A GRASMERE is located in TROWBRIDGE, in the BA14 postcode district. The below map shows the position of No. 40A on GRASMERE.