22, SKYLARK ROAD, MELKSHAM, SN12 7FP - £215,000

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.

22 SKYLARK ROAD is a midsized detached house of 114m², built in 2009, which could now be worth an estimated £318,397. It was last sold for £215,000 in December 2014, which was around 38% below the average December 2014 detached price in the Wiltshire local authority area. The most recent EPC inspection was August 2010, where the current energy rating was B, and the potential energy rating was B.

22 SKYLARK ROAD Sold Prices

Land registry data shows three sales for 22 SKYLARK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the three 22 SKYLARK ROAD 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 17 DEC	£215,000	£349,267	38% below HPI
2014 18 JUN	£215,000	£332,488	35% below HPI
2010 30 SEP	£247,200	£330,549	25% below HPI

22 SKYLARK ROAD 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 three 22 SKYLARK ROAD sales between September 2010 and December 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 June 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2014 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 22 SKYLARK ROAD be worth now?

22 SKYLARK ROAD might now be worth an estimated £318,397.

This is based on house price inflation of 48.1%, between December 2014 and May 2026, 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 48.1% inflationary increase is applied to the most recent sale price for 22 SKYLARK ROAD of £215,000 on 17th December 2014. For the value to have increased from £215,000 to £318,397 over the twelve years and seven months to May 2026, the following assumptions must hold true:

• The value of 22 SKYLARK ROAD has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The December 2014 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 22 SKYLARK ROAD has not materially changed since December 2014.

How Large is 22 SKYLARK ROAD?

22 SKYLARK ROAD is 114m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 50% 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 22 SKYLARK ROAD lies on this distribution: 48% of detached houses houses are smaller than 22 SKYLARK ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Melksham.

Where is 22 SKYLARK ROAD?

22 SKYLARK ROAD is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 22 on SKYLARK ROAD.