8, LOCKING CLOSE, BOWERHILL, MELKSHAM, SN12 6XR - £240,000

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

8 LOCKING CLOSE is a midsized detached house of 112m², built sometime between 1983 and 1990, which could now be worth an estimated £388,001. It was last sold for £240,000 in June 2010, which was around 25% below the average June 2010 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

8 LOCKING CLOSE Sold Prices

Land registry data shows two sales for 8 LOCKING CLOSE 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 8 LOCKING 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
2010 4 JUN	£240,000	£321,511	25% below HPI
1996 31 MAY	£91,000	£102,625	11% below HPI

8 LOCKING 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 two 8 LOCKING CLOSE sales from May 1996 and June 2010 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 May 1996 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2010 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 8 LOCKING CLOSE be worth now?

8 LOCKING CLOSE might now be worth an estimated £388,001.

This is based on house price inflation of 61.7%, between June 2010 and February 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 61.7% inflationary increase is applied to the most recent sale price for 8 LOCKING CLOSE of £240,000 on 4th June 2010. For the value to have increased from £240,000 to £388,001 over the fifteen years and four months to February 2025, the following assumptions must hold true:

• The value of 8 LOCKING CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The June 2010 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LOCKING CLOSE has not materially changed since June 2010.

How Large is 8 LOCKING CLOSE?

8 LOCKING CLOSE is 112m² according to the EPC inspection conducted in March 2010. This puts it in the largest 50% of detached houses houses in Bowerhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bowerhill, and where 8 LOCKING CLOSE lies on this distribution: 53% of detached houses houses are smaller than 8 LOCKING CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Bowerhill.

8 LOCKING CLOSE: Plot and Title Map

8 LOCKING CLOSE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 8 LOCKING 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 8 LOCKING 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 8 LOCKING CLOSE?

8 LOCKING CLOSE is located in BOWERHILL, in the SN12 postcode district. The below map shows the position of No. 8 on LOCKING CLOSE.