61, CRANESBILL ROAD, MELKSHAM, SN12 7GN - £280,000

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.

61 CRANESBILL ROAD is a small detached house of 92m², which could now be worth an estimated £308,459. It was last sold for £280,000 in October 2021, which was around 41% below the average October 2021 detached price in the Wiltshire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

61 CRANESBILL ROAD Sold Prices

Land registry data shows three sales for 61 CRANESBILL ROAD 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 61 CRANESBILL ROAD 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 8 OCT	£280,000	£471,822	41% below HPI
2019 4 MAR	£260,000	£430,224	40% below HPI
2013 18 DEC	£209,950	£333,869	37% below HPI

61 CRANESBILL ROAD 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 61 CRANESBILL ROAD sales between December 2013 and October 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 March 2019 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2021 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 61 CRANESBILL ROAD be worth now?

61 CRANESBILL ROAD might now be worth an estimated £308,459.

This is based on house price inflation of 10.2%, between October 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 10.2% inflationary increase is applied to the most recent sale price for 61 CRANESBILL ROAD of £280,000 on 8th October 2021. For the value to have increased from £280,000 to £308,459 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 61 CRANESBILL ROAD has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The October 2021 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 61 CRANESBILL ROAD has not materially changed since October 2021.

How Large is 61 CRANESBILL ROAD?

61 CRANESBILL ROAD is 92m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% 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 61 CRANESBILL ROAD lies on this distribution: 22% of detached houses houses are smaller than 61 CRANESBILL ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Melksham.

61 CRANESBILL ROAD: Plot and Title Map

61 CRANESBILL ROAD sits on a plot of roughly 0.580 of an acre, or 2,347m². The below map shows the location of 61 CRANESBILL ROAD, 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 61 CRANESBILL ROAD). 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 61 CRANESBILL ROAD?

61 CRANESBILL ROAD is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 61 on CRANESBILL ROAD.