31, ROSEMARY WAY, MELKSHAM, SN12 7FS - £222,000

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.

31 ROSEMARY WAY is a very small semi-detached house of 89m², which could now be worth an estimated £280,014. It was last sold for £222,000 in March 2019, which was around 16% below the average March 2019 semi-detached price in the Wiltshire local authority area. The most recent EPC inspection was April 2011, where the current energy rating was B, and the potential energy rating was B.

31 ROSEMARY WAY Sold Prices

Land registry data shows two sales for 31 ROSEMARY WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wiltshire local authority area for the corresponding sale date. Both of the two 31 ROSEMARY WAY 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
2019 1 MAR	£222,000	£263,431	16% below HPI
2011 16 DEC	£178,495	£196,548	9% below HPI

31 ROSEMARY WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wiltshire local authority area over time, sourced from the HPI. The two 31 ROSEMARY WAY sales from December 2011 and March 2019 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 December 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 31 ROSEMARY WAY be worth now?

31 ROSEMARY WAY might now be worth an estimated £280,014.

This is based on house price inflation of 26.1%, between March 2019 and March 2025, for semi-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 26.1% inflationary increase is applied to the most recent sale price for 31 ROSEMARY WAY of £222,000 on 1st March 2019. For the value to have increased from £222,000 to £280,014 over the six years to March 2025, the following assumptions must hold true:

• The value of 31 ROSEMARY WAY has moved in line with the HPI for semi-detached houses in the Wiltshire local authority area.
• The March 2019 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 31 ROSEMARY WAY has not materially changed since March 2019.

How Large is 31 ROSEMARY WAY?

31 ROSEMARY WAY is 89m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 20% of semi-detached houses houses in Melksham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melksham, and where 31 ROSEMARY WAY lies on this distribution: 18% of semi-detached houses houses are smaller than 31 ROSEMARY WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Melksham.

31 ROSEMARY WAY: Plot and Title Map

31 ROSEMARY WAY sits on a plot of roughly 0.557 of an acre, or 2,254m². The below map shows the location of 31 ROSEMARY WAY, 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 31 ROSEMARY WAY). 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 31 ROSEMARY WAY?

31 ROSEMARY WAY is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 31 on ROSEMARY WAY.