3, REED WALK, DURRINGTON, SALISBURY, SP4 8NE - £400,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 REED WALK is a large detached house of 115m², built sometime between 2003 and 2006. It was last sold for £400,000 in November 2021, which was around 14% below the average November 2021 detached price in the Wiltshire local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

3 REED WALK Sold Prices

Land registry data shows two sales for 3 REED WALK 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 3 REED WALK 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
2021 3 NOV	£400,000	£462,734	14% below HPI
2020 31 MAR	£365,000	£410,641	11% below HPI

3 REED WALK 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 3 REED WALK sales from March 2020 and November 2021 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 March 2020 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 REED WALK?

3 REED WALK is 115m² according to the EPC inspection conducted in December 2019. This puts it in the largest 40% of detached houses in Durrington, based on EPC data. The below chart shows the distribution of detached houses by size in Durrington, and where 3 REED WALK lies on this distribution: 62% of detached houses are smaller than 3 REED WALK, and 35% of houses are larger. Note that EPC data is not available for all properties in Durrington.

3 REED WALK: Plot and Title Map

3 REED WALK sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 3 REED WALK, 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 REED WALK). 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 REED WALK?

3 REED WALK is located in DURRINGTON, in the SP4 postcode district. The below map shows the position of No. 3 on REED WALK.