7, MARTLET CLOSE, BOWERHILL, MELKSHAM, SN12 6XX - £235,000

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.

7 MARTLET CLOSE is a midsized detached house of 115m², built sometime between 1983 and 1990, which could now be worth an estimated £363,162. It was last sold for £235,000 in July 2014, which was around 30% below the average July 2014 detached price in the Wiltshire local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was C.

7 MARTLET CLOSE Sold Prices

Land registry data shows three sales for 7 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 7 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
2014 14 JUL	£235,000	£336,345	30% below HPI
2010 15 NOV	£210,000	£330,274	36% below HPI
1996 12 FEB	£68,000	£99,988	32% below HPI

7 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 7 MARTLET CLOSE sales between February 1996 and July 2014 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 November 2010 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2014 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 7 MARTLET CLOSE be worth now?

7 MARTLET CLOSE might now be worth an estimated £363,162.

This is based on house price inflation of 54.5%, between July 2014 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 54.5% inflationary increase is applied to the most recent sale price for 7 MARTLET CLOSE of £235,000 on 14th July 2014. For the value to have increased from £235,000 to £363,162 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 7 MARTLET CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The July 2014 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MARTLET CLOSE has not materially changed since July 2014.

How Large is 7 MARTLET CLOSE?

7 MARTLET CLOSE is 115m² according to the EPC inspection conducted in June 2013. This puts it in the largest 50% of detached houses houses in Bowerhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bowerhill, and where 7 MARTLET CLOSE lies on this distribution: 58% of detached houses houses are smaller than 7 MARTLET CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Bowerhill.

7 MARTLET CLOSE: Plot and Title Map

7 MARTLET CLOSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 7 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 7 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 7 MARTLET CLOSE?

7 MARTLET CLOSE is located in BOWERHILL, in the SN12 postcode district. The below map shows the position of No. 7 on MARTLET CLOSE.