LANTERNS, THE ROW, REDLYNCH, SALISBURY, SP5 2JT - £551,000

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

LANTERNS is a very large extended detached house of 189m², built sometime between 1950 and 1966, which could now be worth an estimated £871,310. It was last sold for £551,000 in September 2012, which was around 68% above the average September 2012 detached price in the Wiltshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was D.

LANTERNS Sold Prices

Land registry data shows three sales for LANTERNS 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 LANTERNS 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
2012 3 SEP	£551,000	£328,660	68% above HPI
2005 16 DEC	£435,000	£298,200	46% above HPI
2003 10 OCT	£405,000	£275,039	47% above HPI

LANTERNS 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 LANTERNS sales between October 2003 and September 2012 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 2005 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the September 2012 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might LANTERNS be worth now?

LANTERNS might now be worth an estimated £871,310.

This is based on house price inflation of 58.1%, between September 2012 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 58.1% inflationary increase is applied to the most recent sale price for LANTERNS of £551,000 on 3rd September 2012. For the value to have increased from £551,000 to £871,310 over the eleven years and nine months to December 2024, the following assumptions must hold true:

• The value of LANTERNS has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The September 2012 sale price of £551,000 represented a fair market value for the property.
• The size, condition, and specification of LANTERNS has not materially changed since September 2012.

How Large is LANTERNS?

LANTERNS is 189m², which includes four extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 20% of detached houses houses in Redlynch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redlynch, and where LANTERNS lies on this distribution: 82% of detached houses houses are smaller than LANTERNS, and 18% of houses are larger. Note that EPC data is not available for all properties in Redlynch.

LANTERNS: Plot and Title Map

LANTERNS sits on a plot of roughly 0.607 of an acre, or 2,455m². The below map shows the location of LANTERNS, 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 LANTERNS). 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 LANTERNS?

LANTERNS is located on THE ROW in REDLYNCH, in the SP5 postcode district. The below map shows the position of LANTERNS on THE ROW.