71D, SCHOOL LANE, SHAW, MELKSHAM, SN12 8EJ - £500,000

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.

71D SCHOOL LANE is a large extended detached house of 169m², built sometime between 1950 and 1966, which could now be worth an estimated £612,993. It was last sold for £500,000 in December 2017, which was around 17% above the average December 2017 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

71D SCHOOL LANE Sold Prices

Land registry data shows three sales for 71D SCHOOL LANE 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. Two of the three 71D SCHOOL LANE sales were for above the average price, whilst one was 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
2017 13 DEC	£500,000	£425,588	17% above HPI
2003 3 OCT	£310,000	£275,039	13% above HPI
1998 24 JUL	£95,000	£133,149	29% below HPI

71D SCHOOL LANE 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 71D SCHOOL LANE sales between July 1998 and December 2017 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 October 2003 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the December 2017 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 71D SCHOOL LANE be worth now?

71D SCHOOL LANE might now be worth an estimated £612,993.

This is based on house price inflation of 22.6%, between December 2017 and March 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 22.6% inflationary increase is applied to the most recent sale price for 71D SCHOOL LANE of £500,000 on 13th December 2017. For the value to have increased from £500,000 to £612,993 over the eight years and nine months to March 2025, the following assumptions must hold true:

• The value of 71D SCHOOL LANE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The December 2017 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 71D SCHOOL LANE has not materially changed since December 2017.

How Large is 71D SCHOOL LANE?

71D SCHOOL LANE is 169m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the largest 30% of detached houses houses in Shaw, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shaw, and where 71D SCHOOL LANE lies on this distribution: 78% of detached houses houses are smaller than 71D SCHOOL LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Shaw.

71D SCHOOL LANE: Plot and Title Map

71D SCHOOL LANE sits on a plot of roughly 0.315 of an acre, or 1,275m². The below map shows the location of 71D SCHOOL LANE, 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 71D SCHOOL LANE). 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 71D SCHOOL LANE?

71D SCHOOL LANE is located in SHAW, in the SN12 postcode district. The below map shows the position of No. 71D on SCHOOL LANE.