12, ELM CLOSE, LAVERSTOCK, SALISBURY, SP1 1SA - £440,000

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

12 ELM CLOSE is a small extended detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £439,320. It was last sold for £440,000 in February 2023, which was around 15% below the average February 2023 detached price in the Wiltshire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

12 ELM CLOSE Sold Prices

Land registry data shows five sales for 12 ELM CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the five 12 ELM 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
2023 10 FEB	£440,000	£520,522	15% below HPI
2009 4 SEP	£282,950	£301,270	6% below HPI
2006 12 DEC	£268,950	£323,734	17% below HPI
2003 20 OCT	£248,950	£275,039	9% below HPI
2002 3 DEC	£200,000	£250,617	20% below HPI

12 ELM 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 five 12 ELM CLOSE sales between December 2002 and February 2023 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 September 2009 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 12 ELM CLOSE be worth now?

12 ELM CLOSE might now be worth an estimated £439,320.

This is based on house price deflation of 0.2%, between February 2023 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 0.2% deflationary decrease is applied to the most recent sale price for 12 ELM CLOSE of £440,000 on 10th February 2023. For the value to have decreased from £440,000 to £439,320 over the two months to December 2024, the following assumptions must hold true:

• The value of 12 ELM CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The February 2023 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ELM CLOSE has not materially changed since February 2023.

How Large is 12 ELM CLOSE?

12 ELM CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 40% of detached houses houses in Salisbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Salisbury, and where 12 ELM CLOSE lies on this distribution: 37% of detached houses houses are smaller than 12 ELM CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Salisbury.

12 ELM CLOSE: Plot and Title Map

12 ELM CLOSE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 12 ELM 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 12 ELM 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 12 ELM CLOSE?

12 ELM CLOSE is located in LAVERSTOCK, in the SP1 postcode district. The below map shows the position of No. 12 on ELM CLOSE.