1, REEDS GROUND, MARLBOROUGH, SN8 2AW - £274,000

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 REEDS GROUND is a very small detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £364,748. It was last sold for £274,000 in March 2016, which was around 30% below the average March 2016 detached price in the Wiltshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was D.

1 REEDS GROUND Sold Prices

Land registry data shows two sales for 1 REEDS GROUND since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. Both of the two 1 REEDS GROUND 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
2016 23 MAR	£274,000	£390,414	30% below HPI
2005 24 JUN	£227,000	£292,629	22% below HPI

1 REEDS GROUND 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 two 1 REEDS GROUND sales from June 2005 and March 2016 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 June 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2016 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 1 REEDS GROUND be worth now?

1 REEDS GROUND might now be worth an estimated £364,748.

This is based on house price inflation of 33.1%, between March 2016 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 33.1% inflationary increase is applied to the most recent sale price for 1 REEDS GROUND of £274,000 on 23rd March 2016. For the value to have increased from £274,000 to £364,748 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 1 REEDS GROUND has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The March 2016 sale price of £274,000 represented a fair market value for the property.
• The size, condition, and specification of 1 REEDS GROUND has not materially changed since March 2016.

How Large is 1 REEDS GROUND?

1 REEDS GROUND is 72m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% of detached houses houses in Marlborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marlborough, and where 1 REEDS GROUND lies on this distribution: 3% of detached houses houses are smaller than 1 REEDS GROUND, and 97% of houses are larger. Note that EPC data is not available for all properties in Marlborough.

1 REEDS GROUND: Plot and Title Map

1 REEDS GROUND sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 1 REEDS GROUND, 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 REEDS GROUND). 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 REEDS GROUND?

1 REEDS GROUND is located in MARLBOROUGH, in the SN8 postcode district. The below map shows the position of No. 1 on REEDS GROUND.