5, MARTLET CLOSE, BOWERHILL, MELKSHAM, SN12 6XX - £315,000

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.

5 MARTLET CLOSE is a midsized extended detached house of 117m², built sometime between 1983 and 1990, which could now be worth an estimated £368,877. It was last sold for £315,000 in January 2019, which was around 28% below the average January 2019 detached price in the Wiltshire local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

5 MARTLET CLOSE Sold Prices

Land registry data shows three sales for 5 MARTLET CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the three 5 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
2019 9 JAN	£315,000	£437,826	28% below HPI
2006 14 DEC	£192,000	£323,734	41% below HPI
2000 17 FEB	£89,950	£167,372	46% below HPI

5 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 three 5 MARTLET CLOSE sales between February 2000 and January 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 2006 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the January 2019 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 5 MARTLET CLOSE be worth now?

5 MARTLET CLOSE might now be worth an estimated £368,877.

This is based on house price inflation of 17.1%, between January 2019 and June 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 17.1% inflationary increase is applied to the most recent sale price for 5 MARTLET CLOSE of £315,000 on 9th January 2019. For the value to have increased from £315,000 to £368,877 over the five years and seven months to June 2025, the following assumptions must hold true:

• The value of 5 MARTLET CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The January 2019 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MARTLET CLOSE has not materially changed since January 2019.

How Large is 5 MARTLET CLOSE?

5 MARTLET CLOSE is 117m², which includes two extensions, according to the EPC inspection conducted in November 2017. This puts it in the largest 50% 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 5 MARTLET CLOSE lies on this distribution: 59% of detached houses houses are smaller than 5 MARTLET CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Bowerhill.

5 MARTLET CLOSE: Plot and Title Map

5 MARTLET CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 5 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 5 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 5 MARTLET CLOSE?

5 MARTLET CLOSE is located in BOWERHILL, in the SN12 postcode district. The below map shows the position of No. 5 on MARTLET CLOSE.