5, MARTLET CLOSE, BOWERHILL, MELKSHAM, SN12 6XX - £315,000

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 MARTLET CLOSE is a large extended detached house of 117m², built sometime between 1983 and 1990. It was last sold for £315,000 in January 2019, which was around 26% below the average January 2019 detached price in the Wiltshire local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

5 MARTLET CLOSE Sold Prices

Land registry data shows three sales for 5 MARTLET CLOSE 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 5 MARTLET 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
2019 9 JAN	£315,000	£423,085	26% below HPI
2006 14 DEC	£192,000	£312,835	39% below HPI
2000 17 FEB	£89,950	£161,737	44% below HPI

5 MARTLET 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 three 5 MARTLET CLOSE sales between February 2000 and January 2019 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 2006 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2019 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 5 MARTLET CLOSE?

5 MARTLET CLOSE is 117m², which includes two extensions, according to the EPC inspection conducted in November 2017. This puts it in the largest 40% of detached houses in Bowerhill, based on EPC data. The below chart shows the distribution of detached houses by size in Bowerhill, and where 5 MARTLET CLOSE lies on this distribution: 60% of detached houses are smaller than 5 MARTLET CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Bowerhill.

5 MARTLET CLOSE: Plot and Title Map

5 MARTLET CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 5 MARTLET 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 MARTLET 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 MARTLET CLOSE?

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