2, PARK LANE, SALISBURY, SP1 3NP - £840,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

2 PARK LANE is a very large extended detached house of 269m², built sometime between 1930 and 1949. It was last sold for £840,000 in March 2016, which was around 123% above the average March 2016 detached price in the Wiltshire local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was C.

2 PARK LANE Sold Prices

Land registry data shows two sales for 2 PARK LANE 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 2 PARK LANE sales were 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
2016 18 MAR	£840,000	£377,269	123% above HPI
2006 13 NOV	£495,000	£310,791	59% above HPI

2 PARK LANE 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 PARK LANE sales from November 2006 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 November 2006 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the March 2016 sale, where it rises to 123% above the HPI. The line then continues to track at 123% above the HPI.

How Large is 2 PARK LANE?

2 PARK LANE is 269m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 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 2 PARK LANE lies on this distribution: 98% of detached houses are smaller than 2 PARK LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Salisbury.

2 PARK LANE: Plot and Title Map

2 PARK LANE sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of 2 PARK LANE, 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 PARK LANE). 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 PARK LANE?

2 PARK LANE is located in SALISBURY, in the SP1 postcode district. The below map shows the position of No. 2 on PARK LANE.