5, WEST END, MELKSHAM, SN12 6HJ - £195,000

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 WEST END is a very small extended terraced house of 90m², built sometime before 1900, which could now be worth an estimated £237,394. It was last sold for £195,000 in January 2019, which was around 10% below the average January 2019 terraced price in the Wiltshire local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.

5 WEST END Sold Prices

Land registry data shows two sales for 5 WEST END 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 5 WEST END 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 29 JAN	£195,000	£216,246	10% below HPI
2014 31 MAR	£148,000	£167,186	11% below HPI

5 WEST END 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 5 WEST END sales from March 2014 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 March 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2019 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 5 WEST END be worth now?

5 WEST END might now be worth an estimated £237,394.

This is based on house price inflation of 21.7%, between January 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 21.7% inflationary increase is applied to the most recent sale price for 5 WEST END of £195,000 on 29th January 2019. For the value to have increased from £195,000 to £237,394 over the six years and eight months to May 2026, the following assumptions must hold true:

• The value of 5 WEST END has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The January 2019 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WEST END has not materially changed since January 2019.

How Large is 5 WEST END?

5 WEST END is 90m², which includes one extension, according to the EPC inspection conducted in January 2014. 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 5 WEST END lies on this distribution: 18% of terraced houses houses are smaller than 5 WEST END, and 80% of houses are larger. Note that EPC data is not available for all properties in Melksham.

5 WEST END: Plot and Title Map

5 WEST END sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 5 WEST END, 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 WEST END). 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 WEST END?

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