1, PHILIP CLOSE, MELKSHAM, SN12 7AP - £226,000

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.

1 PHILIP CLOSE is a large semi-detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £242,943. It was last sold for £226,000 in April 2022, which was around 26% below the average April 2022 semi-detached price in the Wiltshire local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

1 PHILIP CLOSE Sold Prices

Land registry data shows one sale for 1 PHILIP CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Wiltshire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 11 APR	£226,000	£304,309	26% below HPI

What might 1 PHILIP CLOSE be worth now?

1 PHILIP CLOSE might now be worth an estimated £242,943.

This is based on house price inflation of 7.5%, between April 2022 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 7.5% inflationary increase is applied to the most recent sale price for 1 PHILIP CLOSE of £226,000 on 11th April 2022. For the value to have increased from £226,000 to £242,943 over the three years and eleven months to May 2026, the following assumptions must hold true:

• The value of 1 PHILIP CLOSE has moved in line with the HPI for semi-detached houses in the Wiltshire local authority area.
• The April 2022 sale price of £226,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PHILIP CLOSE has not materially changed since April 2022.

How Large is 1 PHILIP CLOSE?

1 PHILIP CLOSE is 90m² according to the EPC inspection conducted in September 2021. This puts it in the largest 40% of semi-detached houses in Melksham, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Melksham, and where 1 PHILIP CLOSE lies on this distribution: 64% of semi-detached houses are smaller than 1 PHILIP CLOSE, and 35% of semi-detached houses are larger. Note that EPC data is not available for all properties in Melksham.

1 PHILIP CLOSE: Plot

1 PHILIP CLOSE sits on a plot of roughly 0.089 of an acre, or 359m².

Where is 1 PHILIP CLOSE?

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