THE VERGE, UPPER MINETY, MALMESBURY, SN16 9PY - £352,500

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

THE VERGE is a very small detached house of 62m², built sometime between 1930 and 1949. It was last sold for £352,500 in August 2012, which was around 12% above the average August 2012 detached price in the Wiltshire local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was E.

THE VERGE Sold Prices

Land registry data shows two sales for THE VERGE 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 THE VERGE 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
2012 15 AUG	£352,500	£315,521	12% above HPI
1996 25 NOV	£94,500	£104,896	10% below HPI

THE VERGE 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 THE VERGE sales from November 1996 and August 2012 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 November 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2012 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is THE VERGE?

THE VERGE is 62m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses in Upper Minety, based on EPC data. The below chart shows the distribution of detached houses by size in Upper Minety, and where THE VERGE lies on this distribution: Less than 1% of detached houses are smaller than THE VERGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Upper Minety.

THE VERGE: Plot and Title Map

THE VERGE sits on a plot of roughly 0.306 of an acre, or 1,239m². The below map shows the location of THE VERGE, 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 THE VERGE). 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 THE VERGE?

THE VERGE is located in UPPER MINETY, in the SN16 postcode district. The below map shows the position of THE VERGE in UPPER MINETY.