CHAPEL COTTAGE, CHAPEL LANE, REDLYNCH, SALISBURY, SP5 2HN - £475,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

CHAPEL COTTAGE is a very small detached house of 101m², built sometime before 1900. It was last sold for £475,000 in July 2024, which was around 5% below the average July 2024 detached price in the Wiltshire local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

CHAPEL COTTAGE Sold Prices

Land registry data shows three sales for CHAPEL COTTAGE 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 CHAPEL COTTAGE 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
2024 19 JUL	£475,000	£502,080	5% below HPI
2019 28 JUN	£319,000	£407,636	22% below HPI
2012 17 OCT	£250,000	£318,952	22% below HPI

CHAPEL COTTAGE 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 CHAPEL COTTAGE sales between October 2012 and July 2024 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 2019 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2024 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is CHAPEL COTTAGE?

CHAPEL COTTAGE is 101m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% of detached houses in Redlynch, based on EPC data. The below chart shows the distribution of detached houses by size in Redlynch, and where CHAPEL COTTAGE lies on this distribution: 16% of detached houses are smaller than CHAPEL COTTAGE, and 84% of houses are larger. Note that EPC data is not available for all properties in Redlynch.

CHAPEL COTTAGE: Plot and Title Map

CHAPEL COTTAGE sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of CHAPEL COTTAGE, 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 CHAPEL COTTAGE). 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 CHAPEL COTTAGE?

CHAPEL COTTAGE is located on CHAPEL LANE in REDLYNCH, in the SP5 postcode district. The below map shows the position of CHAPEL COTTAGE on CHAPEL LANE.