3, MARTLET CLOSE, BOWERHILL, MELKSHAM, SN12 6XX - £307,500

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 MARTLET CLOSE is a very small extended detached house of 80m², built sometime between 1983 and 1990, which could now be worth an estimated £319,550. It was last sold for £307,500 in January 2024, which was around 39% below the average January 2024 detached price in the Wiltshire local authority area. The most recent EPC inspection was July 2023, where the current energy rating was E, and the potential energy rating was B.

3 MARTLET CLOSE Sold Prices

Land registry data shows two sales for 3 MARTLET CLOSE 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 3 MARTLET 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
2024 26 JAN	£307,500	£500,177	39% below HPI
1996 8 MAR	£64,500	£99,054	35% below HPI

3 MARTLET 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 two 3 MARTLET CLOSE sales from March 1996 and January 2024 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 March 1996 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2024 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 3 MARTLET CLOSE be worth now?

3 MARTLET CLOSE might now be worth an estimated £319,550.

This is based on house price inflation of 3.9%, between January 2024 and February 2025, 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 3.9% inflationary increase is applied to the most recent sale price for 3 MARTLET CLOSE of £307,500 on 26th January 2024. For the value to have increased from £307,500 to £319,550 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 3 MARTLET CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The January 2024 sale price of £307,500 represented a fair market value for the property.
• The size, condition, and specification of 3 MARTLET CLOSE has not materially changed since January 2024.

How Large is 3 MARTLET CLOSE?

3 MARTLET CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% of detached houses houses in Bowerhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bowerhill, and where 3 MARTLET CLOSE lies on this distribution: 8% of detached houses houses are smaller than 3 MARTLET CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Bowerhill.

3 MARTLET CLOSE: Plot and Title Map

3 MARTLET CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 3 MARTLET 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 3 MARTLET 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 3 MARTLET CLOSE?

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