5, THE LAURELS, BEANACRE, MELKSHAM, SN12 7QJ - £455,000

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.

5 THE LAURELS is a midsized detached house of 139m², built sometime between 1996 and 2002, which could now be worth an estimated £554,488. It was last sold for £455,000 in February 2018, which was around 7% above the average February 2018 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

5 THE LAURELS Sold Prices

Land registry data shows three sales for 5 THE LAURELS 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 THE LAURELS sales were for above 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
2018 23 FEB	£455,000	£426,518	7% above HPI
2015 14 JUL	£391,000	£363,507	8% above HPI
1999 30 JUN	£154,950	£144,679	7% above HPI

5 THE LAURELS 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 THE LAURELS sales between June 1999 and February 2018 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 July 2015 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 2018 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 5 THE LAURELS be worth now?

5 THE LAURELS might now be worth an estimated £554,488.

This is based on house price inflation of 21.9%, between February 2018 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 21.9% inflationary increase is applied to the most recent sale price for 5 THE LAURELS of £455,000 on 23rd February 2018. For the value to have increased from £455,000 to £554,488 over the seven years to February 2025, the following assumptions must hold true:

• The value of 5 THE LAURELS has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The February 2018 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE LAURELS has not materially changed since February 2018.

How Large is 5 THE LAURELS?

5 THE LAURELS is 139m² according to the EPC inspection conducted in March 2011. This puts it in the largest 50% of detached houses houses in Beanacre, based on EPC data. The below chart shows the distribution of detached houses houses by size in Beanacre, and where 5 THE LAURELS lies on this distribution: 54% of detached houses houses are smaller than 5 THE LAURELS, and 46% of houses are larger. Note that EPC data is not available for all properties in Beanacre.

5 THE LAURELS: Plot and Title Map

5 THE LAURELS sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of 5 THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

5 THE LAURELS is located in BEANACRE, in the SN12 postcode district. The below map shows the position of No. 5 on THE LAURELS.