3, HALIFAX ROAD, BOWERHILL, MELKSHAM, SN12 6SJ - £188,000

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.

3 HALIFAX ROAD is a very small terraced house of 70m², built sometime between 1950 and 1966, which could now be worth an estimated £225,770. It was last sold for £188,000 in June 2018, which was around 13% below the average June 2018 terraced price in the Wiltshire local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

3 HALIFAX ROAD Sold Prices

Land registry data shows five sales for 3 HALIFAX ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Wiltshire local authority area for the corresponding sale date. All of the five 3 HALIFAX 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
2018 1 JUN	£188,000	£216,205	13% below HPI
2004 30 APR	£125,000	£136,469	8% below HPI
2002 1 MAY	£85,000	£101,194	16% below HPI
2000 13 MAR	£67,000	£77,645	14% below HPI
1998 23 JAN	£53,950	£57,208	6% below HPI

3 HALIFAX ROAD 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 five 3 HALIFAX ROAD sales between January 1998 and June 2018 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 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 3 HALIFAX ROAD be worth now?

3 HALIFAX ROAD might now be worth an estimated £225,770.

This is based on house price inflation of 20.1%, between June 2018 and June 2025, 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 20.1% inflationary increase is applied to the most recent sale price for 3 HALIFAX ROAD of £188,000 on 1st June 2018. For the value to have increased from £188,000 to £225,770 over the seven years to June 2025, the following assumptions must hold true:

• The value of 3 HALIFAX ROAD has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The June 2018 sale price of £188,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HALIFAX ROAD has not materially changed since June 2018.

How Large is 3 HALIFAX ROAD?

3 HALIFAX ROAD is 70m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of terraced houses houses in Bowerhill, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bowerhill, and where 3 HALIFAX ROAD lies on this distribution: 3% of terraced houses houses are smaller than 3 HALIFAX ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Bowerhill.

3 HALIFAX ROAD: Plot and Title Map

3 HALIFAX ROAD sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 3 HALIFAX ROAD, 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 3 HALIFAX ROAD). 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 3 HALIFAX ROAD?

3 HALIFAX ROAD is located in BOWERHILL, in the SN12 postcode district. The below map shows the position of No. 3 on HALIFAX ROAD.