20, SCHOLARS WAY, MELKSHAM, SN12 8FN - £249,000

20 SCHOLARS WAY is a very small detached house of 88m². It was last sold for £249,000 in September 2019, which was around 41% below the average September 2019 detached price in the Wiltshire local authority area. The most recent EPC inspection was January 2017, where the current energy rating was B, and the potential energy rating was A.

20 SCHOLARS WAY Sold Prices

Land registry data shows two sales for 20 SCHOLARS WAY 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 20 SCHOLARS WAY 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
2019 30 SEP	£249,000	£419,998	41% below HPI
2017 24 FEB	£264,995	£397,474	33% below HPI

20 SCHOLARS WAY 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 20 SCHOLARS WAY sales from February 2017 and September 2019 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 February 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2019 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 20 SCHOLARS WAY?

20 SCHOLARS WAY is 88m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of detached houses in Melksham, based on EPC data. The below chart shows the distribution of detached houses by size in Melksham, and where 20 SCHOLARS WAY lies on this distribution: 16% of detached houses are smaller than 20 SCHOLARS WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Melksham.

20 SCHOLARS WAY: Plot and Title Map

20 SCHOLARS WAY sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 20 SCHOLARS WAY, 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 20 SCHOLARS WAY). 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 20 SCHOLARS WAY?

20 SCHOLARS WAY is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 20 on SCHOLARS WAY.