21, RICHARDS WAY, SALISBURY, SP2 8NT - £475,000

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

21 RICHARDS WAY is a small extended detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £471,333. It was last sold for £475,000 in September 2022, which was around 9% below the average September 2022 detached price in the Wiltshire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

21 RICHARDS WAY Sold Prices

Land registry data shows four sales for 21 RICHARDS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the four 21 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
2022 7 SEP	£475,000	£523,761	9% below HPI
2017 6 JUL	£375,000	£421,727	11% below HPI
2009 4 SEP	£273,000	£301,270	9% below HPI
1995 28 JUN	£69,000	£101,620	32% below HPI

21 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 four 21 RICHARDS WAY sales between June 1995 and September 2022 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 July 2017 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 21 RICHARDS WAY be worth now?

21 RICHARDS WAY might now be worth an estimated £471,333.

This is based on house price deflation of 0.8%, between September 2022 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 0.8% deflationary decrease is applied to the most recent sale price for 21 RICHARDS WAY of £475,000 on 7th September 2022. For the value to have decreased from £475,000 to £471,333 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of 21 RICHARDS WAY has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The September 2022 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 21 RICHARDS WAY has not materially changed since September 2022.

How Large is 21 RICHARDS WAY?

21 RICHARDS WAY is 95m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% 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 21 RICHARDS WAY lies on this distribution: 27% of detached houses houses are smaller than 21 RICHARDS WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Salisbury.

21 RICHARDS WAY: Plot and Title Map

21 RICHARDS WAY sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 21 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 21 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 21 RICHARDS WAY?

21 RICHARDS WAY is located in SALISBURY, in the SP2 postcode district. The below map shows the position of No. 21 on RICHARDS WAY.