41, FOREST ROAD, MELKSHAM, SN12 7AA - £245,000

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.

41 FOREST ROAD is a very small extended terraced house of 84m², built sometime between 1900 and 1929, which could now be worth an estimated £241,719. It was last sold for £245,000 in September 2022, which was around 8% below the average September 2022 terraced price in the Wiltshire local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

41 FOREST ROAD Sold Prices

Land registry data shows five sales for 41 FOREST 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 41 FOREST 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
2022 1 SEP	£245,000	£265,733	8% below HPI
2021 1 MAR	£189,950	£228,499	17% below HPI
2015 1 JUL	£135,000	£184,042	27% below HPI
2007 18 JUL	£149,950	£175,304	14% below HPI
1998 20 MAR	£35,500	£57,367	38% below HPI

41 FOREST 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 41 FOREST ROAD sales between March 1998 and September 2022 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 2021 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 41 FOREST ROAD be worth now?

41 FOREST ROAD might now be worth an estimated £241,719.

This is based on house price deflation of 1.3%, between September 2022 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 1.3% deflationary decrease is applied to the most recent sale price for 41 FOREST ROAD of £245,000 on 1st September 2022. For the value to have decreased from £245,000 to £241,719 over the four years and five months to April 2026, the following assumptions must hold true:

• The value of 41 FOREST ROAD has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The September 2022 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 41 FOREST ROAD has not materially changed since September 2022.

How Large is 41 FOREST ROAD?

41 FOREST ROAD is 84m², which includes two extensions, according to the EPC inspection conducted in October 2012. This puts it in the smallest 20% 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 41 FOREST ROAD lies on this distribution: 13% of terraced houses houses are smaller than 41 FOREST ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Melksham.

41 FOREST ROAD: Plot and Title Map

41 FOREST ROAD sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 41 FOREST 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 41 FOREST 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 41 FOREST ROAD?

41 FOREST ROAD is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 41 on FOREST ROAD.