OMEGA, WOLFERSTAN DRIVE, BISHOPDOWN, SALISBURY, SP1 3XZ - £480,000

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.

OMEGA is a midsized detached house of 110m², built sometime between 1983 and 1990, which could now be worth an estimated £705,966. It was last sold for £480,000 in September 2014, which was around 36% above the average September 2014 detached price in the Wiltshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

OMEGA Sold Prices

Land registry data shows two sales for OMEGA 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 OMEGA 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
2014 22 SEP	£480,000	£353,407	36% above HPI
1998 18 JUN	£155,000	£131,471	18% above HPI

OMEGA 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 OMEGA sales from June 1998 and September 2014 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 1998 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the September 2014 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might OMEGA be worth now?

OMEGA might now be worth an estimated £705,966.

This is based on house price inflation of 47.1%, between September 2014 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 47.1% inflationary increase is applied to the most recent sale price for OMEGA of £480,000 on 22nd September 2014. For the value to have increased from £480,000 to £705,966 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of OMEGA has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The September 2014 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of OMEGA has not materially changed since September 2014.

How Large is OMEGA?

OMEGA is 110m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% of detached houses houses in Salisbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Salisbury, and where OMEGA lies on this distribution: 42% of detached houses houses are smaller than OMEGA, and 57% of houses are larger. Note that EPC data is not available for all properties in Salisbury.

OMEGA: Plot and Title Map

OMEGA sits on a plot of roughly 0.207 of an acre, or 838m². The below map shows the location of OMEGA, 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 OMEGA). 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 OMEGA?

OMEGA is located on WOLFERSTAN DRIVE in BISHOPDOWN, in the SP1 postcode district. The below map shows the position of OMEGA on WOLFERSTAN DRIVE.