DERING, PARK LANE, SALISBURY, SP1 3NP - £320,500

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

DERING is a small detached house of 92m², built sometime between 1991 and 1995, which could now be worth an estimated £438,253. It was last sold for £320,500 in November 2015, which was around 16% below the average November 2015 detached price in the Wiltshire local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

DERING Sold Prices

Land registry data shows three sales for DERING 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 DERING 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
2015 16 NOV	£320,500	£380,076	16% below HPI
2013 6 DEC	£250,000	£333,869	25% below HPI
2002 30 APR	£174,000	£217,753	20% below HPI

DERING 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 DERING sales between April 2002 and November 2015 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 December 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2015 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might DERING be worth now?

DERING might now be worth an estimated £438,253.

This is based on house price inflation of 36.7%, between November 2015 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 36.7% inflationary increase is applied to the most recent sale price for DERING of £320,500 on 16th November 2015. For the value to have increased from £320,500 to £438,253 over the eight years and eleven months to December 2024, the following assumptions must hold true:

• The value of DERING has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The November 2015 sale price of £320,500 represented a fair market value for the property.
• The size, condition, and specification of DERING has not materially changed since November 2015.

How Large is DERING?

DERING is 92m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% 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 DERING lies on this distribution: 23% of detached houses houses are smaller than DERING, and 76% of houses are larger. Note that EPC data is not available for all properties in Salisbury.

DERING: Plot and Title Map

DERING sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of DERING, 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 DERING). 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 DERING?

DERING is located on PARK LANE in SALISBURY, in the SP1 postcode district. The below map shows the position of DERING on PARK LANE.