16, BREAM CLOSE, MELKSHAM, SN12 7JX - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 BREAM CLOSE is a small extended detached house of 91m², built sometime between 1976 and 1982, which could now be worth an estimated £380,063. It was last sold for £245,000 in July 2014, which was around 27% below the average July 2014 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

16 BREAM CLOSE Sold Prices

Land registry data shows two sales for 16 BREAM CLOSE 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. Both of the two 16 BREAM CLOSE 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
2014 14 JUL	£245,000	£336,345	27% below HPI
1998 31 MAR	£65,000	£124,558	48% below HPI

16 BREAM CLOSE 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 16 BREAM CLOSE sales from March 1998 and July 2014 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 1998 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the July 2014 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 16 BREAM CLOSE be worth now?

16 BREAM CLOSE might now be worth an estimated £380,063.

This is based on house price inflation of 55.1%, between July 2014 and March 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 55.1% inflationary increase is applied to the most recent sale price for 16 BREAM CLOSE of £245,000 on 14th July 2014. For the value to have increased from £245,000 to £380,063 over the eleven years and four months to March 2025, the following assumptions must hold true:

• The value of 16 BREAM CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The July 2014 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 16 BREAM CLOSE has not materially changed since July 2014.

How Large is 16 BREAM CLOSE?

16 BREAM CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% of detached houses houses in Melksham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melksham, and where 16 BREAM CLOSE lies on this distribution: 21% of detached houses houses are smaller than 16 BREAM CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Melksham.

16 BREAM CLOSE: Plot and Title Map

16 BREAM CLOSE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 16 BREAM CLOSE, 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 16 BREAM CLOSE). 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 16 BREAM CLOSE?

16 BREAM CLOSE is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 16 on BREAM CLOSE.