1, PRINCES CLOSE, REDLYNCH, SALISBURY, SP5 2HQ - £590,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 PRINCES CLOSE is a very small detached house of 103m², built sometime between 1976 and 1982, which could now be worth an estimated £591,680. It was last sold for £590,000 in September 2024, which was around 14% above the average September 2024 detached price in the Wiltshire local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was A.

1 PRINCES CLOSE Sold Prices

Land registry data shows three sales for 1 PRINCES CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. Two of the three 1 PRINCES CLOSE sales were for above the average price, whilst one was 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
2024 4 SEP	£590,000	£518,242	14% above HPI
2024 17 JAN	£575,000	£500,547	15% above HPI
2021 2 NOV	£475,000	£478,857	1% below HPI

1 PRINCES CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The three 1 PRINCES CLOSE sales between November 2021 and September 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 January 2024 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2024 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 1 PRINCES CLOSE be worth now?

1 PRINCES CLOSE might now be worth an estimated £591,680.

This is based on house price inflation of 0.3%, between September 2024 and December 2024, for 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 0.3% inflationary increase is applied to the most recent sale price for 1 PRINCES CLOSE of £590,000 on 4th September 2024. For the value to have increased from £590,000 to £591,680 over the nine months to December 2024, the following assumptions must hold true:

• The value of 1 PRINCES CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The September 2024 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PRINCES CLOSE has not materially changed since September 2024.

How Large is 1 PRINCES CLOSE?

1 PRINCES CLOSE is 103m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses houses in Redlynch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redlynch, and where 1 PRINCES CLOSE lies on this distribution: 19% of detached houses houses are smaller than 1 PRINCES CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Redlynch.

1 PRINCES CLOSE: Plot and Title Map

1 PRINCES CLOSE sits on a plot of roughly 0.297 of an acre, or 1,201m². The below map shows the location of 1 PRINCES CLOSE, 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 1 PRINCES CLOSE). 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 1 PRINCES CLOSE?

1 PRINCES CLOSE is located in REDLYNCH, in the SP5 postcode district. The below map shows the position of No. 1 on PRINCES CLOSE.