8, AVON ROAD, MELKSHAM, SN12 8AY - £230,000

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.

8 AVON ROAD is a very small semi-detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £271,481. It was last sold for £230,000 in May 2021, which was around 17% below the average May 2021 semi-detached price in the Wiltshire local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

8 AVON ROAD Sold Prices

Land registry data shows two sales for 8 AVON ROAD 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. Both of the two 8 AVON ROAD 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
2021 27 MAY	£230,000	£277,140	17% below HPI
2005 16 SEP	£138,000	£185,493	26% below HPI

8 AVON ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wiltshire local authority area over time, sourced from the HPI. The two 8 AVON ROAD sales from September 2005 and May 2021 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 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 8 AVON ROAD be worth now?

8 AVON ROAD might now be worth an estimated £271,481.

This is based on house price inflation of 18%, between May 2021 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 18% inflationary increase is applied to the most recent sale price for 8 AVON ROAD of £230,000 on 27th May 2021. For the value to have increased from £230,000 to £271,481 over the five years to May 2026, the following assumptions must hold true:

• The value of 8 AVON ROAD has moved in line with the HPI for semi-detached houses in the Wiltshire local authority area.
• The May 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 8 AVON ROAD has not materially changed since May 2021.

How Large is 8 AVON ROAD?

8 AVON ROAD is 81m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% of semi-detached houses houses in Melksham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melksham, and where 8 AVON ROAD lies on this distribution: 10% of semi-detached houses houses are smaller than 8 AVON ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Melksham.

8 AVON ROAD: Plot and Title Map

8 AVON ROAD sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 8 AVON ROAD, 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 8 AVON ROAD). 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 8 AVON ROAD?

8 AVON ROAD is located in MELKSHAM, in the SN12 postcode district. The below map shows the position of No. 8 on AVON ROAD.