15, RICHARDS WAY, SALISBURY, SP2 8NT - £299,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 RICHARDS WAY is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £299,950 in July 2017, which was around 26% below the average July 2017 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

15 RICHARDS WAY Sold Prices

Land registry data shows two sales for 15 RICHARDS WAY 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 15 RICHARDS WAY 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
2017 14 JUL	£299,950	£407,528	26% below HPI
2011 21 OCT	£220,000	£316,820	31% below HPI

15 RICHARDS WAY 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 15 RICHARDS WAY sales from October 2011 and July 2017 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 October 2011 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2017 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 15 RICHARDS WAY?

15 RICHARDS WAY is 65m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of detached houses in Salisbury, based on EPC data. The below chart shows the distribution of detached houses by size in Salisbury, and where 15 RICHARDS WAY lies on this distribution: 3% of detached houses are smaller than 15 RICHARDS WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Salisbury.

15 RICHARDS WAY: Plot and Title Map

15 RICHARDS WAY sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 15 RICHARDS WAY, 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 15 RICHARDS WAY). 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 15 RICHARDS WAY?

15 RICHARDS WAY is located in SALISBURY, in the SP2 postcode district. The below map shows the position of No. 15 on RICHARDS WAY.