24, SPEEDWELL CLOSE, MELKSHAM, SN12 7TE - £375,000

24 SPEEDWELL CLOSE is a midsized extended detached house of 113m², built sometime between 1996 and 2002. It was last sold for £375,000 in September 2023, which was around 25% below the average September 2023 detached price in the Wiltshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

24 SPEEDWELL CLOSE Sold Prices

Land registry data shows three sales for 24 SPEEDWELL CLOSE 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 24 SPEEDWELL 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
2023 15 SEP	£375,000	£501,752	25% below HPI
2015 11 NOV	£270,000	£367,280	26% below HPI
1996 22 NOV	£88,500	£104,896	16% below HPI

24 SPEEDWELL 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 three 24 SPEEDWELL CLOSE sales between November 1996 and September 2023 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 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 24 SPEEDWELL CLOSE?

24 SPEEDWELL CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 50% of detached houses in Melksham, based on EPC data. The below chart shows the distribution of detached houses by size in Melksham, and where 24 SPEEDWELL CLOSE lies on this distribution: 47% of detached houses are smaller than 24 SPEEDWELL CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Melksham.

24 SPEEDWELL CLOSE: Plot and Title Map

24 SPEEDWELL CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 24 SPEEDWELL 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 24 SPEEDWELL 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 24 SPEEDWELL CLOSE?

24 SPEEDWELL CLOSE is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 24 on SPEEDWELL CLOSE.