23, RICHARDS WAY, SALISBURY, SP2 8NT - £350,000

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

23 RICHARDS WAY is a small extended detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £490,407. It was last sold for £350,000 in August 2015, which was around 6% below the average August 2015 detached price in the Wiltshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

23 RICHARDS WAY Sold Prices

Land registry data shows three sales for 23 RICHARDS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the three 23 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
2015 10 AUG	£350,000	£370,919	6% below HPI
1999 14 OCT	£120,000	£158,208	24% below HPI
1995 1 SEP	£85,000	£103,751	18% below HPI

23 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 three 23 RICHARDS WAY sales between September 1995 and August 2015 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 1999 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2015 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 23 RICHARDS WAY be worth now?

23 RICHARDS WAY might now be worth an estimated £490,407.

This is based on house price inflation of 40.1%, between August 2015 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 40.1% inflationary increase is applied to the most recent sale price for 23 RICHARDS WAY of £350,000 on 10th August 2015. For the value to have increased from £350,000 to £490,407 over the eight years and eight months to December 2024, the following assumptions must hold true:

• The value of 23 RICHARDS WAY has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The August 2015 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 23 RICHARDS WAY has not materially changed since August 2015.

How Large is 23 RICHARDS WAY?

23 RICHARDS WAY is 102m², which includes one extension, according to the EPC inspection conducted in September 2014. 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 23 RICHARDS WAY lies on this distribution: 33% of detached houses houses are smaller than 23 RICHARDS WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Salisbury.

23 RICHARDS WAY: Plot and Title Map

23 RICHARDS WAY sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 23 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 23 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 23 RICHARDS WAY?

23 RICHARDS WAY is located in SALISBURY, in the SP2 postcode district. The below map shows the position of No. 23 on RICHARDS WAY.