MERIVALE, THE GREEN, LAVERSTOCK, SALISBURY, SP1 1QS - £534,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

MERIVALE is a large extended detached house of 131m², built sometime before 1900. It was last sold for £534,000 in July 2021, which was around 23% above the average July 2021 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

MERIVALE Sold Prices

Land registry data shows three sales for MERIVALE 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 MERIVALE 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
2021 28 JUL	£534,000	£434,184	23% above HPI
2016 16 DEC	£520,000	£387,826	34% above HPI
1996 7 OCT	£110,000	£105,189	5% above HPI

MERIVALE 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 MERIVALE sales between October 1996 and July 2021 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 2016 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the July 2021 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is MERIVALE?

MERIVALE is 131m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 40% of detached houses in Salisbury, based on EPC data. The below chart shows the distribution of detached houses by size in Salisbury, and where MERIVALE lies on this distribution: 62% of detached houses are smaller than MERIVALE, and 36% of houses are larger. Note that EPC data is not available for all properties in Salisbury.

MERIVALE: Plot and Title Map

MERIVALE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of MERIVALE, 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 MERIVALE). 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 MERIVALE?

MERIVALE is located on THE GREEN in LAVERSTOCK, in the SP1 postcode district. The below map shows the position of MERIVALE on THE GREEN.