3, PARK DRIVE, CHILMARK, SALISBURY, SP3 5AW - £445,500

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 PARK DRIVE is a very small detached house of 103m², built sometime between 1967 and 1975. It was last sold for £445,500 in September 2023, which was around 11% below the average September 2023 detached price in the Wiltshire local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

3 PARK DRIVE Sold Prices

Land registry data shows four sales for 3 PARK DRIVE 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. Most of the four 3 PARK DRIVE 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
2023 29 SEP	£445,500	£499,647	11% below HPI
2023 16 FEB	£355,000	£502,997	29% below HPI
2006 27 JAN	£268,000	£289,551	7% below HPI
2002 27 MAR	£212,000	£206,340	3% above HPI

3 PARK DRIVE 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 3 PARK DRIVE sales between March 2002 and September 2023 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 February 2023 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 3 PARK DRIVE?

3 PARK DRIVE is 103m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of detached houses in Chilmark, based on EPC data. The below chart shows the distribution of detached houses by size in Chilmark, and where 3 PARK DRIVE lies on this distribution: 15% of detached houses are smaller than 3 PARK DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Chilmark.

3 PARK DRIVE: Plot and Title Map

3 PARK DRIVE sits on a plot of roughly 0.203 of an acre, or 821m². The below map shows the location of 3 PARK DRIVE, 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 PARK DRIVE). 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 3 PARK DRIVE?

3 PARK DRIVE is located in CHILMARK, in the SP3 postcode district. The below map shows the position of No. 3 on PARK DRIVE.