OMEGA, ELCOT LANE, MARLBOROUGH, SN8 2BG - £535,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

OMEGA is a large detached house of 171m². It was last sold for £535,000 in March 2017, which was around 35% above the average March 2017 detached price in the Wiltshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was B.

OMEGA Sold Prices

Land registry data shows two sales for OMEGA 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. One of the two OMEGA sales was for above the average price, whilst the other was 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
2017 20 MAR	£535,000	£396,028	35% above HPI
2014 29 JUL	£250,000	£325,021	23% below HPI

OMEGA 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 OMEGA sales from July 2014 and March 2017 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 July 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2017 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is OMEGA?

OMEGA is 171m² according to the EPC inspection conducted in August 2016. This puts it in the largest 30% of detached houses in Marlborough, based on EPC data. The below chart shows the distribution of detached houses by size in Marlborough, and where OMEGA lies on this distribution: 72% of detached houses are smaller than OMEGA, and 28% of houses are larger. Note that EPC data is not available for all properties in Marlborough.

OMEGA: Plot and Title Map

OMEGA sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of OMEGA, 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 OMEGA). 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 OMEGA?

OMEGA is located on ELCOT LANE in MARLBOROUGH, in the SN8 postcode district. The below map shows the position of OMEGA on ELCOT LANE.