9, RICHARDS WAY, SALISBURY, SP2 8NT - £342,500

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

9 RICHARDS WAY is a midsized extended detached house of 123m², built sometime between 1976 and 1982, which could now be worth an estimated £420,287. It was last sold for £342,500 in May 2019, which was around 19% below the average May 2019 detached price in the Wiltshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

9 RICHARDS WAY Sold Prices

Land registry data shows three sales for 9 RICHARDS WAY 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 9 RICHARDS WAY 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
2019 16 MAY	£342,500	£423,528	19% below HPI
2010 1 JUN	£249,950	£321,511	22% below HPI
2008 11 NOV	£185,000	£311,137	41% below HPI

9 RICHARDS WAY 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 9 RICHARDS WAY sales between November 2008 and May 2019 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 June 2010 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2019 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 9 RICHARDS WAY be worth now?

9 RICHARDS WAY might now be worth an estimated £420,287.

This is based on house price inflation of 22.7%, between May 2019 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 22.7% inflationary increase is applied to the most recent sale price for 9 RICHARDS WAY of £342,500 on 16th May 2019. For the value to have increased from £342,500 to £420,287 over the four years and five months to December 2024, the following assumptions must hold true:

• The value of 9 RICHARDS WAY has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The May 2019 sale price of £342,500 represented a fair market value for the property.
• The size, condition, and specification of 9 RICHARDS WAY has not materially changed since May 2019.

How Large is 9 RICHARDS WAY?

9 RICHARDS WAY is 123m², which includes three extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 50% 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 9 RICHARDS WAY lies on this distribution: 56% of detached houses houses are smaller than 9 RICHARDS WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Salisbury.

9 RICHARDS WAY: Plot and Title Map

9 RICHARDS WAY sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 9 RICHARDS WAY, 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 9 RICHARDS WAY). 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 9 RICHARDS WAY?

9 RICHARDS WAY is located in SALISBURY, in the SP2 postcode district. The below map shows the position of No. 9 on RICHARDS WAY.