HOMELAND, BUTTER FURLONG ROAD, WEST GRIMSTEAD, SALISBURY, SP5 3SE - £390,000

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

HOMELAND is a large extended detached house of 158m², built sometime between 1930 and 1949, which could now be worth an estimated £709,870. It was last sold for £390,000 in June 2009, which was around 37% above the average June 2009 detached price in the Wiltshire local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

HOMELAND Sold Prices

Land registry data shows two sales for HOMELAND 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 HOMELAND 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
2009 2 JUN	£390,000	£285,531	37% above HPI
1999 23 APR	£210,000	£140,969	49% above HPI

HOMELAND 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 HOMELAND sales from April 1999 and June 2009 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 1999 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the June 2009 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might HOMELAND be worth now?

HOMELAND might now be worth an estimated £709,870.

This is based on house price inflation of 82%, between June 2009 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 82% inflationary increase is applied to the most recent sale price for HOMELAND of £390,000 on 2nd June 2009. For the value to have increased from £390,000 to £709,870 over the fourteen years and six months to December 2024, the following assumptions must hold true:

• The value of HOMELAND has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The June 2009 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of HOMELAND has not materially changed since June 2009.

How Large is HOMELAND?

HOMELAND is 158m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 30% of detached houses houses in West Grimstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Grimstead, and where HOMELAND lies on this distribution: 78% of detached houses houses are smaller than HOMELAND, and 22% of houses are larger. Note that EPC data is not available for all properties in West Grimstead.

HOMELAND: Plot and Title Map

HOMELAND sits on a plot of roughly 0.277 of an acre, or 1,121m². The below map shows the location of HOMELAND, 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 HOMELAND). 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 HOMELAND?

HOMELAND is located on BUTTER FURLONG ROAD in WEST GRIMSTEAD, in the SP5 postcode district. The below map shows the position of HOMELAND on BUTTER FURLONG ROAD.