46, HORNBEAM CRESCENT, MELKSHAM, SN12 6JG - £305,000

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.

46 HORNBEAM CRESCENT is a very small detached house of 69m², built sometime between 1950 and 1966, which could now be worth an estimated £346,176. It was last sold for £305,000 in January 2021, which was around 33% below the average January 2021 detached price in the Wiltshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

46 HORNBEAM CRESCENT Sold Prices

Land registry data shows three sales for 46 HORNBEAM CRESCENT 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 46 HORNBEAM CRESCENT 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 26 JAN	£305,000	£457,953	33% below HPI
2018 20 APR	£290,000	£429,987	33% below HPI
2014 14 NOV	£217,250	£353,403	39% below HPI

46 HORNBEAM CRESCENT 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 46 HORNBEAM CRESCENT sales between November 2014 and January 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 April 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2021 sale, which was also at 33% below the HPI.

What might 46 HORNBEAM CRESCENT be worth now?

46 HORNBEAM CRESCENT might now be worth an estimated £346,176.

This is based on house price inflation of 13.5%, between January 2021 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 13.5% inflationary increase is applied to the most recent sale price for 46 HORNBEAM CRESCENT of £305,000 on 26th January 2021. For the value to have increased from £305,000 to £346,176 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 46 HORNBEAM CRESCENT has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The January 2021 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 46 HORNBEAM CRESCENT has not materially changed since January 2021.

How Large is 46 HORNBEAM CRESCENT?

46 HORNBEAM CRESCENT is 69m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% 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 46 HORNBEAM CRESCENT lies on this distribution: 4% of detached houses houses are smaller than 46 HORNBEAM CRESCENT, and 96% of houses are larger. Note that EPC data is not available for all properties in Melksham.

46 HORNBEAM CRESCENT: Plot and Title Map

46 HORNBEAM CRESCENT sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 46 HORNBEAM CRESCENT, 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 46 HORNBEAM CRESCENT). 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 46 HORNBEAM CRESCENT?

46 HORNBEAM CRESCENT is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 46 on HORNBEAM CRESCENT.