STONELEA, MILL LANE, CORSTON, MALMESBURY, SN16 0HH - £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

STONELEA is a small extended detached house of 142m², built sometime between 1991 and 1995. It was last sold for £535,000 in October 2016, which was around 37% above the average October 2016 detached price in the Wiltshire local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was D.

STONELEA Sold Prices

Land registry data shows four sales for STONELEA 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 STONELEA sales were for above 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
2016 21 OCT	£535,000	£391,741	37% above HPI
2012 25 MAY	£475,000	£311,459	53% above HPI
2002 31 MAY	£300,000	£213,009	41% above HPI
1997 30 JUN	£156,000	£110,241	42% above HPI

STONELEA 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 STONELEA sales between June 1997 and October 2016 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 2012 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the October 2016 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is STONELEA?

STONELEA is 142m², which includes two extensions, according to the EPC inspection conducted in January 2011. This puts it in the smallest 40% of detached houses in Corston, based on EPC data. The below chart shows the distribution of detached houses by size in Corston, and where STONELEA lies on this distribution: 39% of detached houses are smaller than STONELEA, and 61% of houses are larger. Note that EPC data is not available for all properties in Corston.

STONELEA: Plot and Title Map

STONELEA sits on a plot of roughly 0.196 of an acre, or 795m². The below map shows the location of STONELEA, 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 STONELEA). 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 STONELEA?

STONELEA is located on MILL LANE in CORSTON, in the SN16 postcode district. The below map shows the position of STONELEA on MILL LANE.