REDWOOD, NORTH LANE, NOMANSLAND, SALISBURY, SP5 2BU - £775,000

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

REDWOOD is a very large extended detached house of 220m², built sometime between 1983 and 1990. It was last sold for £775,000 in April 2022, which was around 63% above the average April 2022 detached price in the Wiltshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was C.

REDWOOD Sold Prices

Land registry data shows three sales for REDWOOD 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 REDWOOD 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
2022 20 APR	£775,000	£476,524	63% above HPI
2018 31 MAY	£545,000	£418,250	30% above HPI
2001 20 FEB	£279,200	£179,748	55% above HPI

REDWOOD 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 REDWOOD sales between February 2001 and April 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 May 2018 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the April 2022 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is REDWOOD?

REDWOOD is 220m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 20% of detached houses in Nomansland, based on EPC data. The below chart shows the distribution of detached houses by size in Nomansland, and where REDWOOD lies on this distribution: 89% of detached houses are smaller than REDWOOD, and 11% of houses are larger. Note that EPC data is not available for all properties in Nomansland.

REDWOOD: Plot and Title Map

REDWOOD sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of REDWOOD, 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 REDWOOD). 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 REDWOOD?

REDWOOD is located on NORTH LANE in NOMANSLAND, in the SP5 postcode district. The below map shows the position of REDWOOD on NORTH LANE.