FLAT 1, THE GALLERY, BACK LANE, RAMSBURY, MARLBOROUGH, SN8 2QH - £235,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

FLAT 1 THE GALLERY is a very small detached house of 79m², built sometime between 1996 and 2002. It was last sold for £235,000 in May 2002, which was around 10% above the average May 2002 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

FLAT 1 THE GALLERY Sold Prices

Land registry data shows three sales for FLAT 1 THE GALLERY 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 FLAT 1 THE GALLERY 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
2002 28 MAY	£235,000	£213,009	10% above HPI
1999 24 NOV	£220,000	£153,604	43% above HPI
1997 27 MAR	£145,000	£108,717	33% above HPI

FLAT 1 THE GALLERY 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 FLAT 1 THE GALLERY sales between March 1997 and May 2002 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 November 1999 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the May 2002 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is FLAT 1 THE GALLERY?

FLAT 1 THE GALLERY is 79m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% of detached houses in Ramsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsbury, and where FLAT 1 THE GALLERY lies on this distribution: 3% of detached houses are smaller than FLAT 1 THE GALLERY, and 97% of houses are larger. Note that EPC data is not available for all properties in Ramsbury.

FLAT 1 THE GALLERY: Plot and Title Map

FLAT 1 THE GALLERY sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of FLAT 1 THE GALLERY, 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 FLAT 1 THE GALLERY). 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 FLAT 1 THE GALLERY?

FLAT 1, THE GALLERY is located on BACK LANE in RAMSBURY, in the SN8 postcode district. The below map shows the position of FLAT 1, THE GALLERY on BACK LANE.