27, PHILIP CLOSE, MELKSHAM, SN12 7AP - £149,000

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.

27 PHILIP CLOSE is a midsized extended terraced house of 115m², built sometime between 1950 and 1966, which could now be worth an estimated £229,836. It was last sold for £149,000 in June 2014, which was around 12% below the average June 2014 terraced price in the Wiltshire local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

27 PHILIP CLOSE Sold Prices

Land registry data shows two sales for 27 PHILIP CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Wiltshire local authority area for the corresponding sale date. One of the two 27 PHILIP CLOSE sales was for below the average price, whilst the other was for above 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 10 JUN	£149,000	£169,964	12% below HPI
2002 30 APR	£113,000	£99,621	13% above HPI

27 PHILIP CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wiltshire local authority area over time, sourced from the HPI. The two 27 PHILIP CLOSE sales from April 2002 and June 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 April 2002 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2014 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 27 PHILIP CLOSE be worth now?

27 PHILIP CLOSE might now be worth an estimated £229,836.

This is based on house price inflation of 54.3%, between June 2014 and April 2026, for terraced 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 54.3% inflationary increase is applied to the most recent sale price for 27 PHILIP CLOSE of £149,000 on 10th June 2014. For the value to have increased from £149,000 to £229,836 over the twelve years and two months to April 2026, the following assumptions must hold true:

• The value of 27 PHILIP CLOSE has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The June 2014 sale price of £149,000 represented a fair market value for the property.
• The size, condition, and specification of 27 PHILIP CLOSE has not materially changed since June 2014.

How Large is 27 PHILIP CLOSE?

27 PHILIP CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the largest 50% of terraced houses houses in Melksham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Melksham, and where 27 PHILIP CLOSE lies on this distribution: 51% of terraced houses houses are smaller than 27 PHILIP CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Melksham.

27 PHILIP CLOSE: Plot and Title Map

27 PHILIP CLOSE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 27 PHILIP 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 27 PHILIP 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 27 PHILIP CLOSE?

27 PHILIP CLOSE is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 27 on PHILIP CLOSE.