48, OAKWOOD GROVE, ALDERBURY, SALISBURY, SP5 3BN - £396,000

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

48 OAKWOOD GROVE is a very small extended detached house of 99m², built sometime between 1983 and 1990, which could now be worth an estimated £450,010. It was last sold for £396,000 in December 2020, which was around 13% below the average December 2020 detached price in the Wiltshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was A.

48 OAKWOOD GROVE Sold Prices

Land registry data shows four sales for 48 OAKWOOD GROVE 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. All of the four 48 OAKWOOD GROVE 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
2020 3 DEC	£396,000	£457,342	13% below HPI
2010 19 NOV	£265,000	£330,274	20% below HPI
2007 16 FEB	£275,000	£325,072	15% below HPI
1995 17 NOV	£85,000	£102,150	17% below HPI

48 OAKWOOD GROVE 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 48 OAKWOOD GROVE sales between November 1995 and December 2020 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 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 48 OAKWOOD GROVE be worth now?

48 OAKWOOD GROVE might now be worth an estimated £450,010.

This is based on house price inflation of 13.6%, between December 2020 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 13.6% inflationary increase is applied to the most recent sale price for 48 OAKWOOD GROVE of £396,000 on 3rd December 2020. For the value to have increased from £396,000 to £450,010 over the four years to December 2024, the following assumptions must hold true:

• The value of 48 OAKWOOD GROVE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The December 2020 sale price of £396,000 represented a fair market value for the property.
• The size, condition, and specification of 48 OAKWOOD GROVE has not materially changed since December 2020.

How Large is 48 OAKWOOD GROVE?

48 OAKWOOD GROVE is 99m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses houses in Alderbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alderbury, and where 48 OAKWOOD GROVE lies on this distribution: 20% of detached houses houses are smaller than 48 OAKWOOD GROVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Alderbury.

48 OAKWOOD GROVE: Plot and Title Map

48 OAKWOOD GROVE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 48 OAKWOOD GROVE, 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 48 OAKWOOD GROVE). 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 48 OAKWOOD GROVE?

48 OAKWOOD GROVE is located in ALDERBURY, in the SP5 postcode district. The below map shows the position of No. 48 on OAKWOOD GROVE.