PIPPIN, CECIL AVENUE, SALISBURY, SP2 8EE - £320,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

PIPPIN is a small detached house of 91m², built sometime between 1950 and 1966. It was last sold for £320,000 in September 2020, which was around 25% below the average September 2020 detached price in the Wiltshire local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

PIPPIN Sold Prices

Land registry data shows four sales for PIPPIN 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 PIPPIN 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
2020 25 SEP	£320,000	£427,428	25% below HPI
2016 25 APR	£290,000	£380,057	24% below HPI
2005 28 SEP	£227,000	£289,174	22% below HPI
2004 9 SEP	£171,000	£290,431	41% below HPI

PIPPIN 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 PIPPIN sales between September 2004 and September 2020 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 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is PIPPIN?

PIPPIN is 91m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 30% of detached houses in Salisbury, based on EPC data. The below chart shows the distribution of detached houses by size in Salisbury, and where PIPPIN lies on this distribution: 21% of detached houses are smaller than PIPPIN, and 77% of houses are larger. Note that EPC data is not available for all properties in Salisbury.

PIPPIN: Plot and Title Map

PIPPIN sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of PIPPIN, 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 PIPPIN). 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 PIPPIN?

PIPPIN is located on CECIL AVENUE in SALISBURY, in the SP2 postcode district. The below map shows the position of PIPPIN on CECIL AVENUE.