5, PENNINE CLOSE, MELKSHAM, SN12 7RX - £105,000

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 PENNINE CLOSE is a very small terraced house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £206,193. It was last sold for £105,000 in March 2004, which was around 22% below the average March 2004 terraced price in the Wiltshire local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

5 PENNINE CLOSE Sold Prices

Land registry data shows four sales for 5 PENNINE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Wiltshire local authority area for the corresponding sale date. All of the four 5 PENNINE 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
2004 31 MAR	£105,000	£134,060	22% below HPI
2001 20 SEP	£67,500	£93,701	28% below HPI
2000 21 JAN	£56,000	£75,450	26% below HPI
1997 15 AUG	£41,000	£54,978	25% below HPI

5 PENNINE CLOSE 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 four 5 PENNINE CLOSE sales between August 1997 and March 2004 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 September 2001 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2004 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 5 PENNINE CLOSE be worth now?

5 PENNINE CLOSE might now be worth an estimated £206,193.

This is based on house price inflation of 96.4%, between March 2004 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 96.4% inflationary increase is applied to the most recent sale price for 5 PENNINE CLOSE of £105,000 on 31st March 2004. For the value to have increased from £105,000 to £206,193 over the 21 years and ten months to May 2026, the following assumptions must hold true:

• The value of 5 PENNINE CLOSE has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The March 2004 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PENNINE CLOSE has not materially changed since March 2004.

How Large is 5 PENNINE CLOSE?

5 PENNINE CLOSE is 56m² according to the EPC inspection conducted in July 2024. 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 5 PENNINE CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 5 PENNINE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Melksham.

5 PENNINE CLOSE: Plot and Title Map

5 PENNINE CLOSE sits on a plot of roughly 0.023 of an acre, or 92m². The below map shows the location of 5 PENNINE 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 PENNINE 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 PENNINE CLOSE?

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