8, MELCHESTER ROAD, SALISBURY, SP2 9GN - £449,995

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.

8 MELCHESTER ROAD is a large detached house of 130m², built in 2021, which could now be worth an estimated £478,130. It was last sold for £449,995 in March 2022, which was around 8% below the average March 2022 detached price in the Wiltshire local authority area. The most recent EPC inspection was December 2021, where the current energy rating was B, and the potential energy rating was A.

8 MELCHESTER ROAD Sold Prices

Land registry data shows two sales for 8 MELCHESTER ROAD 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 8 MELCHESTER 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
2022 31 MAR	£449,995	£489,192	8% below HPI
2022 24 FEB	£414,995	£486,286	15% below HPI

8 MELCHESTER 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 two 8 MELCHESTER ROAD sales from February 2022 and March 2022 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 2022 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 8 MELCHESTER ROAD be worth now?

8 MELCHESTER ROAD might now be worth an estimated £478,130.

This is based on house price inflation of 6.3%, between March 2022 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 6.3% inflationary increase is applied to the most recent sale price for 8 MELCHESTER ROAD of £449,995 on 31st March 2022. For the value to have increased from £449,995 to £478,130 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 8 MELCHESTER ROAD has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The March 2022 sale price of £449,995 represented a fair market value for the property.
• The size, condition, and specification of 8 MELCHESTER ROAD has not materially changed since March 2022.

How Large is 8 MELCHESTER ROAD?

8 MELCHESTER ROAD is 130m² according to the EPC inspection conducted in December 2021. 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 8 MELCHESTER ROAD lies on this distribution: 62% of detached houses houses are smaller than 8 MELCHESTER ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Salisbury.

8 MELCHESTER ROAD: Plot and Title Map

8 MELCHESTER ROAD sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 8 MELCHESTER 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 8 MELCHESTER 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 8 MELCHESTER ROAD?

8 MELCHESTER ROAD is located in SALISBURY, in the SP2 postcode district. The below map shows the position of No. 8 on MELCHESTER ROAD.