16, PENNINE CLOSE, MELKSHAM, SN12 7RX - £159,000

16 PENNINE CLOSE is a very small detached house of 57m², built sometime between 1976 and 1982. It was last sold for £159,000 in June 2013, which was around 49% below the average June 2013 detached price in the Wiltshire local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

16 PENNINE CLOSE Sold Prices

Land registry data shows four sales for 16 PENNINE CLOSE 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 16 PENNINE 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
2013 4 JUN	£159,000	£312,673	49% below HPI
2010 24 SEP	£172,000	£319,420	46% below HPI
2009 16 SEP	£166,500	£291,127	43% below HPI
2007 30 MAR	£156,000	£315,443	51% below HPI

16 PENNINE 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 four 16 PENNINE CLOSE sales between March 2007 and June 2013 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 September 2010 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the June 2013 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 16 PENNINE CLOSE?

16 PENNINE CLOSE is 57m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of detached houses in Melksham, based on EPC data. The below chart shows the distribution of detached houses by size in Melksham, and where 16 PENNINE CLOSE lies on this distribution: 1% of detached houses are smaller than 16 PENNINE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Melksham.

16 PENNINE CLOSE: Plot and Title Map

16 PENNINE CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 16 PENNINE 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 PENNINE 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 PENNINE CLOSE?

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