9, PILE PLACE, BOWERHILL, MELKSHAM, SN12 6YP - £395,000

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

9 PILE PLACE is a midsized detached house of 107m², which could now be worth an estimated £397,607. It was last sold for £395,000 in August 2022, which was around 24% below the average August 2022 detached price in the Wiltshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was B, and the potential energy rating was A.

9 PILE PLACE Sold Prices

Land registry data shows three sales for 9 PILE PLACE 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. All of the three 9 PILE PLACE 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 26 AUG	£395,000	£516,370	24% below HPI
2022 12 AUG	£310,295	£516,370	40% below HPI
2019 19 DEC	£310,295	£427,431	27% below HPI

9 PILE PLACE 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 9 PILE PLACE sales between December 2019 and August 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 August 2022 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 9 PILE PLACE be worth now?

9 PILE PLACE might now be worth an estimated £397,607.

This is based on house price inflation of 0.7%, between August 2022 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 0.7% inflationary increase is applied to the most recent sale price for 9 PILE PLACE of £395,000 on 26th August 2022. For the value to have increased from £395,000 to £397,607 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 9 PILE PLACE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The August 2022 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PILE PLACE has not materially changed since August 2022.

How Large is 9 PILE PLACE?

9 PILE PLACE is 107m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 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 9 PILE PLACE lies on this distribution: 40% of detached houses houses are smaller than 9 PILE PLACE, and 55% of houses are larger. Note that EPC data is not available for all properties in Bowerhill.

9 PILE PLACE: Plot and Title Map

9 PILE PLACE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 9 PILE PLACE, 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 9 PILE PLACE). 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 9 PILE PLACE?

9 PILE PLACE is located in BOWERHILL, in the SN12 postcode district. The below map shows the position of No. 9 on PILE PLACE.