42, LOCKING CLOSE, BOWERHILL, MELKSHAM, SN12 6XR - £335,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

42 LOCKING CLOSE is a very small extended detached house of 89m², built sometime between 1983 and 1990. It was last sold for £335,000 in December 2021, which was around 28% below the average December 2021 detached price in the Wiltshire local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

42 LOCKING CLOSE Sold Prices

Land registry data shows two sales for 42 LOCKING CLOSE 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 42 LOCKING CLOSE 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
2021 17 DEC	£335,000	£466,798	28% below HPI
2001 17 DEC	£132,000	£202,070	35% below HPI

42 LOCKING CLOSE 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 42 LOCKING CLOSE sales from December 2001 and December 2021 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 December 2001 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 42 LOCKING CLOSE?

42 LOCKING CLOSE is 89m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of detached houses in Bowerhill, based on EPC data. The below chart shows the distribution of detached houses by size in Bowerhill, and where 42 LOCKING CLOSE lies on this distribution: 18% of detached houses are smaller than 42 LOCKING CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Bowerhill.

42 LOCKING CLOSE: Plot and Title Map

42 LOCKING CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 42 LOCKING CLOSE, 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 42 LOCKING CLOSE). 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 42 LOCKING CLOSE?

42 LOCKING CLOSE is located in BOWERHILL, in the SN12 postcode district. The below map shows the position of No. 42 on LOCKING CLOSE.