78, BASIL DRIVE, MELKSHAM, SN12 6LT - £370,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

78 BASIL DRIVE is a very small detached house of 90m². It was last sold for £370,000 in February 2023, which was around 26% below the average February 2023 detached price in the Wiltshire local authority area. The most recent EPC inspection was January 2021, where the current energy rating was B, and the potential energy rating was A.

78 BASIL DRIVE Sold Prices

Land registry data shows two sales for 78 BASIL DRIVE 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 78 BASIL DRIVE 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
2023 10 FEB	£370,000	£502,997	26% below HPI
2021 29 JAN	£294,000	£442,534	34% below HPI

78 BASIL DRIVE 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 78 BASIL DRIVE sales from January 2021 and February 2023 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 January 2021 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 78 BASIL DRIVE?

78 BASIL DRIVE is 90m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 20% of detached houses in Melksham, based on EPC data. The below chart shows the distribution of detached houses by size in Melksham, and where 78 BASIL DRIVE lies on this distribution: 19% of detached houses are smaller than 78 BASIL DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Melksham.

78 BASIL DRIVE: Plot and Title Map

78 BASIL DRIVE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 78 BASIL DRIVE, 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 78 BASIL DRIVE). 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 78 BASIL DRIVE?

78 BASIL DRIVE is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 78 on BASIL DRIVE.