GREEN RIDGE, BECKETTS LANE, CHILMARK, SALISBURY, SP3 5BD - £430,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

GREEN RIDGE is a very small detached house of 61m², built sometime between 1950 and 1966, which could now be worth an estimated £507,248. It was last sold for £430,000 in September 2019, which was around 1% below the average September 2019 detached price in the Wiltshire local authority area. The most recent EPC inspection was February 2011, where the current energy rating was F, and the potential energy rating was E.

GREEN RIDGE Sold Prices

Land registry data shows two sales for GREEN RIDGE 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. One of the two GREEN RIDGE sales was for below the average price, whilst the other was 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
2019 27 SEP	£430,000	£434,631	1% below HPI
2011 24 JUN	£340,000	£316,253	8% above HPI

GREEN RIDGE 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 GREEN RIDGE sales from June 2011 and September 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 2011 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2019 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might GREEN RIDGE be worth now?

GREEN RIDGE might now be worth an estimated £507,248.

This is based on house price inflation of 18%, between September 2019 and June 2025, 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 18% inflationary increase is applied to the most recent sale price for GREEN RIDGE of £430,000 on 27th September 2019. For the value to have increased from £430,000 to £507,248 over the six years and three months to June 2025, the following assumptions must hold true:

• The value of GREEN RIDGE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The September 2019 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of GREEN RIDGE has not materially changed since September 2019.

How Large is GREEN RIDGE?

GREEN RIDGE is 61m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of detached houses houses in Chilmark, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chilmark, and where GREEN RIDGE lies on this distribution: Less than 1% of detached houses houses are smaller than GREEN RIDGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Chilmark.

GREEN RIDGE: Plot and Title Map

GREEN RIDGE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of GREEN RIDGE, 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 GREEN RIDGE). 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 GREEN RIDGE?

GREEN RIDGE is located on BECKETTS LANE in CHILMARK, in the SP3 postcode district. The below map shows the position of GREEN RIDGE on BECKETTS LANE.