41, THYME ROAD, MELKSHAM, SN12 7FX - £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.

41 THYME ROAD is a very small detached house of 88m², which could now be worth an estimated £481,798. It was last sold for £410,000 in September 2020, which was around 7% below the average September 2020 detached price in the Wiltshire local authority area. The most recent EPC inspection was December 2011, where the current energy rating was B, and the potential energy rating was B.

41 THYME ROAD Sold Prices

Land registry data shows three sales for 41 THYME ROAD 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 41 THYME 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
2020 10 SEP	£410,000	£442,320	7% below HPI
2017 31 AUG	£390,000	£430,366	9% below HPI
2013 31 JAN	£296,000	£319,023	7% below HPI

41 THYME 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 three 41 THYME ROAD sales between January 2013 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 August 2017 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 41 THYME ROAD be worth now?

41 THYME ROAD might now be worth an estimated £481,798.

This is based on house price inflation of 17.5%, between September 2020 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 17.5% inflationary increase is applied to the most recent sale price for 41 THYME ROAD of £410,000 on 10th September 2020. For the value to have increased from £410,000 to £481,798 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 41 THYME ROAD has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The September 2020 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 41 THYME ROAD has not materially changed since September 2020.

How Large is 41 THYME ROAD?

41 THYME ROAD is 88m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 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 41 THYME ROAD lies on this distribution: 18% of detached houses houses are smaller than 41 THYME ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Melksham.

41 THYME ROAD: Plot and Title Map

41 THYME ROAD sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 41 THYME 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 41 THYME 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 41 THYME ROAD?

41 THYME ROAD is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 41 on THYME ROAD.