DROVE HOUSE, NEWTOWN, BROAD CHALKE, SALISBURY, SP5 5DS - £975,000

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

DROVE HOUSE is a very large detached house of 255m², built sometime between 2003 and 2006, which could now be worth an estimated £1,257,982. It was last sold for £975,000 in November 2016, which was around 142% above the average November 2016 detached price in the Wiltshire local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

DROVE HOUSE Sold Prices

Land registry data shows two sales for DROVE HOUSE 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 DROVE HOUSE 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 25 NOV	£975,000	£402,808	142% above HPI
2004 2 APR	£695,000	£278,796	149% above HPI

DROVE HOUSE 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 DROVE HOUSE sales from April 2004 and November 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 2004 sale was for 149% above the HPI. So the extrapolation line tracks at 149% above the HPI over time, until the November 2016 sale, where it falls to 142% above the HPI. The line then continues to track at 142% above the HPI.

What might DROVE HOUSE be worth now?

DROVE HOUSE might now be worth an estimated £1,257,982.

This is based on house price inflation of 29%, between November 2016 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 29% inflationary increase is applied to the most recent sale price for DROVE HOUSE of £975,000 on 25th November 2016. For the value to have increased from £975,000 to £1,257,982 over the seven years and eleven months to December 2024, the following assumptions must hold true:

• The value of DROVE HOUSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The November 2016 sale price of £975,000 represented a fair market value for the property.
• The size, condition, and specification of DROVE HOUSE has not materially changed since November 2016.

How Large is DROVE HOUSE?

DROVE HOUSE is 255m² according to the EPC inspection conducted in September 2016. This puts it in the largest 20% of detached houses houses in Broad Chalke, based on EPC data. The below chart shows the distribution of detached houses houses by size in Broad Chalke, and where DROVE HOUSE lies on this distribution: 88% of detached houses houses are smaller than DROVE HOUSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Broad Chalke.

DROVE HOUSE: Plot and Title Map

DROVE HOUSE sits on a plot of roughly 0.380 of an acre, or 1,538m². The below map shows the location of DROVE HOUSE, 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 DROVE HOUSE). 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 DROVE HOUSE?

DROVE HOUSE is located on NEWTOWN in BROAD CHALKE, in the SP5 postcode district. The below map shows the position of DROVE HOUSE on NEWTOWN.