411, THE SPA, MELKSHAM, SN12 6QL - £900,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

411 THE SPA is a very large detached house of 418m², built sometime from 2007 onwards. It was last sold for £900,000 in July 2017, which was around 121% above the average July 2017 detached price in the Wiltshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

411 THE SPA Sold Prices

Land registry data shows three sales for 411 THE SPA 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. Two of the three 411 THE SPA sales were for above the average price, whilst one 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
2017 14 JUL	£900,000	£407,528	121% above HPI
2014 31 OCT	£862,500	£342,659	152% above HPI
2004 19 AUG	£276,000	£285,843	3% below HPI

411 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 three 411 THE SPA sales between August 2004 and July 2017 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 October 2014 sale was for 152% above the HPI. So the extrapolation line tracks at 152% above the HPI over time, until the July 2017 sale, where it falls to 121% above the HPI. The line then continues to track at 121% above the HPI.

How Large is 411 THE SPA?

411 THE SPA is 418m² according to the EPC inspection conducted in June 2016. This puts it in the largest 10% of detached houses in Melksham, based on EPC data. The below chart shows the distribution of detached houses by size in Melksham, and where 411 THE SPA lies on this distribution: More than 99% of detached houses are smaller than 411 THE SPA, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Melksham.

411 THE SPA: Plot and Title Map

411 THE SPA sits on a plot of roughly 0.650 of an acre, or 2,631m². The below map shows the location of 411 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 411 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 411 THE SPA?

411 THE SPA is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 411 on THE SPA.