48, PROSPECT, CORSHAM, SN13 9AQ - £655,000

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

48 PROSPECT is a midsized extended detached house of 115m², built sometime between 1950 and 1966. It was last sold for £655,000 in December 2022, which was around 31% above the average December 2022 detached price in the Wiltshire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

48 PROSPECT Sold Prices

Land registry data shows three sales for 48 PROSPECT 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. One of the three 48 PROSPECT sales was for above the average price, whilst two 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
2022 6 DEC	£655,000	£499,299	31% above HPI
2021 25 FEB	£365,000	£436,700	16% below HPI
1995 27 JUL	£63,000	£99,609	37% below HPI

48 PROSPECT 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 48 PROSPECT sales between July 1995 and December 2022 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 February 2021 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2022 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 48 PROSPECT?

48 PROSPECT is 115m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the smallest 50% of detached houses in Corsham, based on EPC data. The below chart shows the distribution of detached houses by size in Corsham, and where 48 PROSPECT lies on this distribution: 43% of detached houses are smaller than 48 PROSPECT, and 57% of houses are larger. Note that EPC data is not available for all properties in Corsham.

48 PROSPECT: Plot and Title Map

48 PROSPECT sits on a plot of roughly 0.198 of an acre, or 800m². The below map shows the location of 48 PROSPECT, 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 48 PROSPECT). 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 48 PROSPECT?

48 PROSPECT is located in CORSHAM, in the SN13 postcode district. The below map shows the position of No. 48 on PROSPECT.