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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 MARTLET CLOSE is a midsized detached house of 115m², built sometime between 1983 and 1990. It was last sold for £235,000 in July 2014, which was around 28% 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	£325,021	28% below HPI
2010 15 NOV	£210,000	£319,154	34% below HPI
1996 12 FEB	£68,000	£96,621	30% 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 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2014 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

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 in Bowerhill, based on EPC data. The below chart shows the distribution of detached houses by size in Bowerhill, and where 7 MARTLET CLOSE lies on this distribution: 58% of detached 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.