2, GIBBS CLOSE, BISHOPDOWN, SALISBURY, SP1 3WB - £400,000

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

2 GIBBS CLOSE is a midsized detached house of 119m², built sometime between 1996 and 2002. It was last sold for £400,000 in July 2018, which was around 5% below the average July 2018 detached price in the Wiltshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

2 GIBBS CLOSE Sold Prices

Land registry data shows two sales for 2 GIBBS CLOSE 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. One of the two 2 GIBBS CLOSE sales was for below the average price, whilst the other was for above 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
2018 24 JUL	£400,000	£419,132	5% below HPI
1998 29 MAY	£133,950	£124,842	7% above HPI

2 GIBBS 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 two 2 GIBBS CLOSE sales from May 1998 and July 2018 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 May 1998 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2018 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 GIBBS CLOSE?

2 GIBBS CLOSE is 119m² according to the EPC inspection conducted in September 2017. This puts it in the largest 50% of detached houses in Salisbury, based on EPC data. The below chart shows the distribution of detached houses by size in Salisbury, and where 2 GIBBS CLOSE lies on this distribution: 52% of detached houses are smaller than 2 GIBBS CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Salisbury.

2 GIBBS CLOSE: Plot and Title Map

2 GIBBS CLOSE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 2 GIBBS 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 2 GIBBS 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 2 GIBBS CLOSE?

2 GIBBS CLOSE is located in BISHOPDOWN, in the SP1 postcode district. The below map shows the position of No. 2 on GIBBS CLOSE.