MARTLETTS, SCHOOL LANE, HINDON, SALISBURY, SP3 6DZ - £450,000

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.

MARTLETTS is a small extended detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £478,136. It was last sold for £450,000 in March 2022, which was around 8% below the average March 2022 detached price in the Wiltshire local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

MARTLETTS Sold Prices

Land registry data shows four sales for MARTLETTS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the four MARTLETTS sales were for below 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
2022 17 MAR	£450,000	£489,192	8% below HPI
2016 7 JAN	£350,000	£383,395	9% below HPI
2013 6 DEC	£235,000	£333,869	30% below HPI
2002 21 AUG	£170,000	£242,854	30% below HPI

MARTLETTS 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 four MARTLETTS sales between August 2002 and March 2022 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 January 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might MARTLETTS be worth now?

MARTLETTS might now be worth an estimated £478,136.

This is based on house price inflation of 6.3%, between March 2022 and February 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 6.3% inflationary increase is applied to the most recent sale price for MARTLETTS of £450,000 on 17th March 2022. For the value to have increased from £450,000 to £478,136 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of MARTLETTS has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The March 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of MARTLETTS has not materially changed since March 2022.

How Large is MARTLETTS?

MARTLETTS is 95m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% of detached houses houses in Hindon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hindon, and where MARTLETTS lies on this distribution: 22% of detached houses houses are smaller than MARTLETTS, and 78% of houses are larger. Note that EPC data is not available for all properties in Hindon.

MARTLETTS: Plot and Title Map

MARTLETTS sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of MARTLETTS, 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 MARTLETTS). 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 MARTLETTS?

MARTLETTS is located on SCHOOL LANE in HINDON, in the SP3 postcode district. The below map shows the position of MARTLETTS on SCHOOL LANE.