41, MALVERN CLOSE, MELKSHAM, SN12 7RR - £160,000

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.

41 MALVERN CLOSE is a small extended terraced house of 71m², built sometime between 1976 and 1982, which could now be worth an estimated £186,829. It was last sold for £160,000 in November 2020, which was around 29% below the average November 2020 terraced price in the Wiltshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

41 MALVERN CLOSE Sold Prices

Land registry data shows one sale for 41 MALVERN CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2020 13 NOV	£160,000	£225,454	29% below HPI

What might 41 MALVERN CLOSE be worth now?

41 MALVERN CLOSE might now be worth an estimated £186,829.

This is based on house price inflation of 16.8%, between November 2020 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 16.8% inflationary increase is applied to the most recent sale price for 41 MALVERN CLOSE of £160,000 on 13th November 2020. For the value to have increased from £160,000 to £186,829 over the six years and six months to May 2026, the following assumptions must hold true:

• The value of 41 MALVERN CLOSE has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The November 2020 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 41 MALVERN CLOSE has not materially changed since November 2020.

How Large is 41 MALVERN CLOSE?

41 MALVERN CLOSE is 71m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 40% of terraced houses in Melksham, based on EPC data. The below chart shows the distribution of terraced houses by size in Melksham, and where 41 MALVERN CLOSE lies on this distribution: 39% of terraced houses are smaller than 41 MALVERN CLOSE, and 60% of terraced houses are larger. Note that EPC data is not available for all properties in Melksham.

41 MALVERN CLOSE: Plot

41 MALVERN CLOSE sits on a plot of roughly 0.028 of an acre, or 113m².

Where is 41 MALVERN CLOSE?

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