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
3 GIPSY LANE is a large extended detached house of 120m², built sometime between 1967 and 1975. It was last sold for £340,000 in September 2018, which was around 20% below the average September 2018 detached price in the Wiltshire local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 3 GIPSY LANE since 1st 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 3 GIPSY LANE 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 |
---|---|---|---|
2018 14 SEP | £340,000 | £423,089 | 20% below HPI |
2007 22 NOV | £279,000 | £332,963 | 16% below HPI |
2005 14 NOV | £245,000 | £288,931 | 15% below HPI |
The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The three 3 GIPSY LANE sales between November 2005 and September 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 November 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.
3 GIPSY LANE is 120m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 40% of detached houses in Warminster, based on EPC data. The below chart shows the distribution of detached houses by size in Warminster, and where 3 GIPSY LANE lies on this distribution: 62% of detached houses are smaller than 3 GIPSY LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Warminster.
3 GIPSY LANE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 3 GIPSY 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 3 GIPSY 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.
3 GIPSY LANE is located in WARMINSTER, in the BA12 postcode district. The below map shows the position of No. 3 on GIPSY LANE.