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 WELL MEADOW is a very small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £345,000 in July 2019, which was around 16% below the average July 2019 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 7 WELL MEADOW since 1st 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 WELL MEADOW 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 26 JUL | £345,000 | £411,499 | 16% below HPI |
2019 27 FEB | £350,000 | £420,297 | 17% below HPI |
2002 18 OCT | £214,000 | £238,584 | 10% below HPI |
The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The three 7 WELL MEADOW sales between October 2002 and July 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 February 2019 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2019 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.
7 WELL MEADOW is 84m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses in Burbage, based on EPC data. The below chart shows the distribution of detached houses by size in Burbage, and where 7 WELL MEADOW lies on this distribution: 10% of detached houses are smaller than 7 WELL MEADOW, and 88% of houses are larger. Note that EPC data is not available for all properties in Burbage.
7 WELL MEADOW sits on a plot of roughly 0.318 of an acre, or 1,287m². The below map shows the location of 7 WELL MEADOW, 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 WELL MEADOW). 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.
7 WELL MEADOW is located in BURBAGE, in the SN8 postcode district. The below map shows the position of No. 7 on WELL MEADOW.