4, MARKAN ROAD, IDMISTON, SALISBURY, SP4 0AY - £275,000

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

4 MARKAN ROAD is a small detached house of 110m², built sometime between 1950 and 1966, which could now be worth an estimated £408,722. It was last sold for £275,000 in February 2015, which was around 21% below the average February 2015 detached price in the Wiltshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

4 MARKAN ROAD Sold Prices

Land registry data shows five sales for 4 MARKAN ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the five 4 MARKAN ROAD 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 27 FEB	£275,000	£349,681	21% below HPI
2007 28 SEP	£230,000	£346,850	34% below HPI
2007 4 MAY	£255,000	£328,410	22% below HPI
2004 18 JUN	£215,000	£284,034	24% below HPI
2003 29 MAY	£180,000	£263,024	32% below HPI

4 MARKAN ROAD 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 five 4 MARKAN ROAD sales between May 2003 and February 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 September 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2015 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 4 MARKAN ROAD be worth now?

4 MARKAN ROAD might now be worth an estimated £408,722.

This is based on house price inflation of 48.6%, between February 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 48.6% inflationary increase is applied to the most recent sale price for 4 MARKAN ROAD of £275,000 on 27th February 2015. For the value to have increased from £275,000 to £408,722 over the eight years and two months to December 2024, the following assumptions must hold true:

• The value of 4 MARKAN ROAD has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The February 2015 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MARKAN ROAD has not materially changed since February 2015.

How Large is 4 MARKAN ROAD?

4 MARKAN ROAD is 110m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% of detached houses houses in Idmiston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Idmiston, and where 4 MARKAN ROAD lies on this distribution: 36% of detached houses houses are smaller than 4 MARKAN ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Idmiston.

4 MARKAN ROAD: Plot and Title Map

4 MARKAN ROAD sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 4 MARKAN ROAD, 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 4 MARKAN ROAD). 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 4 MARKAN ROAD?

4 MARKAN ROAD is located in IDMISTON, in the SP4 postcode district. The below map shows the position of No. 4 on MARKAN ROAD.