5, CEDAR CLOSE, MELKSHAM, SN12 6UZ - £195,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 CEDAR CLOSE is a midsized detached house of 116m², built sometime between 1983 and 1990. It was last sold for £195,000 in February 2009, which was around 31% below the average February 2009 detached price in the Wiltshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

5 CEDAR CLOSE Sold Prices

Land registry data shows four sales for 5 CEDAR CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the four 5 CEDAR 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
2009 20 FEB	£195,000	£282,647	31% below HPI
2001 19 DEC	£143,000	£202,070	29% below HPI
1999 24 SEP	£107,500	£150,255	28% below HPI
1996 3 MAY	£73,000	£99,170	26% below HPI

5 CEDAR 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 four 5 CEDAR CLOSE sales between May 1996 and February 2009 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 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2009 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 5 CEDAR CLOSE?

5 CEDAR CLOSE is 116m² according to the EPC inspection conducted in November 2014. This puts it in the largest 50% of detached houses in Melksham, based on EPC data. The below chart shows the distribution of detached houses by size in Melksham, and where 5 CEDAR CLOSE lies on this distribution: 52% of detached houses are smaller than 5 CEDAR CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Melksham.

5 CEDAR CLOSE: Plot and Title Map

5 CEDAR CLOSE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 5 CEDAR 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 5 CEDAR 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 5 CEDAR CLOSE?

5 CEDAR CLOSE is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 5 on CEDAR CLOSE.