2, MALVERN CLOSE, MELKSHAM, SN12 7RR - £110,000

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.

2 MALVERN CLOSE is a midsized flat of 55m², built sometime between 1967 and 1975, which could now be worth an estimated £135,702. It was last sold for £110,000 in September 2006, which was around 14% below the average September 2006 flat price in the Wiltshire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was C.

2 MALVERN CLOSE Sold Prices

Land registry data shows three sales for 2 MALVERN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Wiltshire local authority area for the corresponding sale date. All of the three 2 MALVERN CLOSE 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
2006 29 SEP	£110,000	£128,253	14% below HPI
2001 12 APR	£57,500	£66,780	14% below HPI
1998 10 JUL	£36,000	£46,399	22% below HPI

What might 2 MALVERN CLOSE be worth now?

2 MALVERN CLOSE might now be worth an estimated £135,702.

This is based on house price inflation of 23.4%, between September 2006 and May 2026, for flats, in the Wiltshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.4% inflationary increase is applied to the most recent sale price for 2 MALVERN CLOSE of £110,000 on 29th September 2006. For the value to have increased from £110,000 to £135,702 over the twenty years and four months to May 2026, the following assumptions must hold true:

• The value of 2 MALVERN CLOSE has moved in line with the HPI for flats in the Wiltshire local authority area.
• The September 2006 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MALVERN CLOSE has not materially changed since September 2006.

How Large is 2 MALVERN CLOSE?

2 MALVERN CLOSE is 55m² according to the EPC inspection conducted in March 2014. This puts it in the largest 50% of flats in Melksham, based on EPC data. 53% of flats are smaller than 2 MALVERN CLOSE, and 43% of flats are larger. Note that EPC data is not available for all properties in Melksham.

2 MALVERN CLOSE: Plot

2 MALVERN CLOSE sits on a plot of roughly 0.635 of an acre, or 2,569m².

Where is 2 MALVERN CLOSE?

2 MALVERN CLOSE is located in MELKSHAM, in the SN12 postcode district.