8, SAXIFRAGE BANK, MELKSHAM, SN12 6FU - £305,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

8 SAXIFRAGE BANK is a very small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £305,000 in August 2021, which was around 30% below the average August 2021 detached price in the Wiltshire local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

8 SAXIFRAGE BANK Sold Prices

Land registry data shows four sales for 8 SAXIFRAGE BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the four 8 SAXIFRAGE BANK 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
2021 24 AUG	£305,000	£438,116	30% below HPI
2021 26 MAR	£280,000	£432,800	35% below HPI
2012 20 JUL	£186,500	£309,944	40% below HPI
1998 26 JUN	£82,500	£127,045	35% below HPI

8 SAXIFRAGE BANK 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 four 8 SAXIFRAGE BANK sales between June 1998 and August 2021 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 2021 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 8 SAXIFRAGE BANK?

8 SAXIFRAGE BANK is 84m² 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 8 SAXIFRAGE BANK lies on this distribution: 13% of detached houses are smaller than 8 SAXIFRAGE BANK, and 87% of houses are larger. Note that EPC data is not available for all properties in Melksham.

8 SAXIFRAGE BANK: Plot and Title Map

8 SAXIFRAGE BANK sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 8 SAXIFRAGE BANK, 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 SAXIFRAGE BANK). 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 SAXIFRAGE BANK?

8 SAXIFRAGE BANK is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 8 on SAXIFRAGE BANK.