48, BEANACRE ROAD, MELKSHAM, SN12 8AL - £152,500

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.

48 BEANACRE ROAD is a very small extended terraced house of 67m², built sometime between 1930 and 1949, which could now be worth an estimated £190,875. It was last sold for £152,500 in April 2019, which was around 27% below the average April 2019 terraced price in the Wiltshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

48 BEANACRE ROAD Sold Prices

Land registry data shows two sales for 48 BEANACRE ROAD 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. Both of the two 48 BEANACRE 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
2019 12 APR	£152,500	£210,331	27% below HPI
2017 17 MAR	£147,000	£203,411	28% below HPI

48 BEANACRE 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 two 48 BEANACRE ROAD sales from March 2017 and April 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 March 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2019 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 48 BEANACRE ROAD be worth now?

48 BEANACRE ROAD might now be worth an estimated £190,875.

This is based on house price inflation of 25.2%, between April 2019 and May 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 25.2% inflationary increase is applied to the most recent sale price for 48 BEANACRE ROAD of £152,500 on 12th April 2019. For the value to have increased from £152,500 to £190,875 over the six years and eleven months to May 2026, the following assumptions must hold true:

• The value of 48 BEANACRE ROAD has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The April 2019 sale price of £152,500 represented a fair market value for the property.
• The size, condition, and specification of 48 BEANACRE ROAD has not materially changed since April 2019.

How Large is 48 BEANACRE ROAD?

48 BEANACRE ROAD is 67m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% 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 48 BEANACRE ROAD lies on this distribution: 2% of terraced houses houses are smaller than 48 BEANACRE ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Melksham.

48 BEANACRE ROAD: Plot and Title Map

48 BEANACRE ROAD sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 48 BEANACRE 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 48 BEANACRE 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 48 BEANACRE ROAD?

48 BEANACRE ROAD is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 48 on BEANACRE ROAD.