5, PHILIP CLOSE, MELKSHAM, SN12 7AP - £124,500

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.

5 PHILIP CLOSE is a semi-detached house, which could now be worth an estimated £335,559. It was last sold for £124,500 in February 2002, which was around 3% above the average February 2002 semi-detached price in the Wiltshire local authority area.

5 PHILIP CLOSE Sold Prices

Land registry data shows two sales for 5 PHILIP CLOSE 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. One of the two 5 PHILIP CLOSE sales was for above the average price, whilst the other was 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
2002 22 FEB	£124,500	£121,370	3% above HPI
1998 2 OCT	£28,407	£78,814	64% below HPI

What might 5 PHILIP CLOSE be worth now?

5 PHILIP CLOSE might now be worth an estimated £335,559.

This is based on house price inflation of 169.5%, between February 2002 and May 2026, 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 169.5% inflationary increase is applied to the most recent sale price for 5 PHILIP CLOSE of £124,500 on 22nd February 2002. For the value to have increased from £124,500 to £335,559 over the 23 years and nine months to May 2026, the following assumptions must hold true:

• The value of 5 PHILIP CLOSE has moved in line with the HPI for semi-detached houses in the Wiltshire local authority area.
• The February 2002 sale price of £124,500 represented a fair market value for the property.
• The size, condition, and specification of 5 PHILIP CLOSE has not materially changed since February 2002.

Where is 5 PHILIP CLOSE?

5 PHILIP CLOSE is located in MELKSHAM, in the SN12 postcode district.