74, TEACHERS WAY, MELKSHAM, SN12 8FA - £475,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

74 TEACHERS WAY is a very large detached house of 144m², which could now be worth an estimated £487,818. It was last sold for £475,500 in July 2022, which was around 6% below the average July 2022 detached price in the Wiltshire local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was A.

74 TEACHERS WAY Sold Prices

Land registry data shows two sales for 74 TEACHERS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. Both of the two 74 TEACHERS WAY 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
2022 13 JUL	£475,500	£506,595	6% below HPI
2018 20 MAR	£379,995	£429,398	12% below HPI

74 TEACHERS WAY 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 two 74 TEACHERS WAY sales from March 2018 and July 2022 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 2018 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 74 TEACHERS WAY be worth now?

74 TEACHERS WAY might now be worth an estimated £487,818.

This is based on house price inflation of 2.6%, between July 2022 and December 2024, 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 2.6% inflationary increase is applied to the most recent sale price for 74 TEACHERS WAY of £475,500 on 13th July 2022. For the value to have increased from £475,500 to £487,818 over the one year and seven months to December 2024, the following assumptions must hold true:

• The value of 74 TEACHERS WAY has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The July 2022 sale price of £475,500 represented a fair market value for the property.
• The size, condition, and specification of 74 TEACHERS WAY has not materially changed since July 2022.

How Large is 74 TEACHERS WAY?

74 TEACHERS WAY is 144m² according to the EPC inspection conducted in January 2018. This puts it in the largest 20% 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 74 TEACHERS WAY lies on this distribution: 84% of detached houses houses are smaller than 74 TEACHERS WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Melksham.

74 TEACHERS WAY: Plot and Title Map

74 TEACHERS WAY sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 74 TEACHERS WAY, 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 74 TEACHERS WAY). 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 74 TEACHERS WAY?

74 TEACHERS WAY is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 74 on TEACHERS WAY.