55, TEACHERS WAY, MELKSHAM, SN12 8FA - £245,000

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.

55 TEACHERS WAY is a very small terraced house of 84m², built in 2016, which could now be worth an estimated £248,031. It was last sold for £245,000 in August 2024, which was around 6% below the average August 2024 terraced price in the Wiltshire local authority area. The most recent EPC inspection was February 2018, where the current energy rating was B, and the potential energy rating was A.

55 TEACHERS WAY Sold Prices

Land registry data shows two sales for 55 TEACHERS WAY 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. One of the two 55 TEACHERS WAY sales was for below the average price, whilst the other was for above 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
2024 19 AUG	£245,000	£260,042	6% below HPI
2018 24 AUG	£234,995	£217,599	8% above HPI

55 TEACHERS WAY 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 55 TEACHERS WAY sales from August 2018 and August 2024 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 August 2018 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2024 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 55 TEACHERS WAY be worth now?

55 TEACHERS WAY might now be worth an estimated £248,031.

This is based on house price inflation of 1.2%, between August 2024 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 1.2% inflationary increase is applied to the most recent sale price for 55 TEACHERS WAY of £245,000 on 19th August 2024. For the value to have increased from £245,000 to £248,031 over the two years and three months to May 2026, the following assumptions must hold true:

• The value of 55 TEACHERS WAY has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The August 2024 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 55 TEACHERS WAY has not materially changed since August 2024.

How Large is 55 TEACHERS WAY?

55 TEACHERS WAY is 84m² according to the EPC inspection conducted in February 2018. 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 55 TEACHERS WAY lies on this distribution: 12% of terraced houses houses are smaller than 55 TEACHERS WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Melksham.

55 TEACHERS WAY: Plot and Title Map

55 TEACHERS WAY sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 55 TEACHERS WAY, 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 55 TEACHERS WAY). 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 55 TEACHERS WAY?

55 TEACHERS WAY is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 55 on TEACHERS WAY.