7, MILLENNIUM CLOSE, SALISBURY, SP2 8TB - £440,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 MILLENNIUM CLOSE is a midsized extended detached house of 127m², built sometime between 1996 and 2002, which could now be worth an estimated £576,644. It was last sold for £440,000 in July 2016, which was around 11% above the average July 2016 detached price in the Wiltshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

7 MILLENNIUM CLOSE Sold Prices

Land registry data shows three sales for 7 MILLENNIUM CLOSE since 1^st 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 7 MILLENNIUM CLOSE sales were for above 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
2016 7 JUL	£440,000	£396,609	11% above HPI
2006 13 APR	£306,000	£300,705	2% above HPI
2000 8 MAY	£206,000	£174,275	18% above HPI

7 MILLENNIUM CLOSE 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 three 7 MILLENNIUM CLOSE sales between May 2000 and July 2016 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 April 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2016 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 7 MILLENNIUM CLOSE be worth now?

7 MILLENNIUM CLOSE might now be worth an estimated £576,644.

This is based on house price inflation of 31.1%, between July 2016 and February 2025, 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 31.1% inflationary increase is applied to the most recent sale price for 7 MILLENNIUM CLOSE of £440,000 on 7th July 2016. For the value to have increased from £440,000 to £576,644 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 7 MILLENNIUM CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The July 2016 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MILLENNIUM CLOSE has not materially changed since July 2016.

How Large is 7 MILLENNIUM CLOSE?

7 MILLENNIUM CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 40% of detached houses houses in Salisbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Salisbury, and where 7 MILLENNIUM CLOSE lies on this distribution: 60% of detached houses houses are smaller than 7 MILLENNIUM CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Salisbury.

7 MILLENNIUM CLOSE: Plot and Title Map

7 MILLENNIUM CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 7 MILLENNIUM CLOSE, 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 7 MILLENNIUM CLOSE). 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 7 MILLENNIUM CLOSE?

7 MILLENNIUM CLOSE is located in SALISBURY, in the SP2 postcode district. The below map shows the position of No. 7 on MILLENNIUM CLOSE.