RYE HILL, WHEELERS LANE, WARMINSTER, BA12 9LP - £855,000

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.

RYE HILL is a very large extended detached house of 279m², built sometime before 1900, which could now be worth an estimated £983,393. It was last sold for £855,000 in February 2021, which was around 89% above the average February 2021 detached price in the Wiltshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

RYE HILL Sold Prices

Land registry data shows three sales for RYE HILL 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 RYE HILL 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 24 FEB	£855,000	£451,915	89% above HPI
2015 4 AUG	£560,000	£370,919	51% above HPI
2001 4 MAY	£347,500	£193,912	79% above HPI

RYE HILL 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 RYE HILL sales between May 2001 and February 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 August 2015 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the February 2021 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

What might RYE HILL be worth now?

RYE HILL might now be worth an estimated £983,393.

This is based on house price inflation of 15%, between February 2021 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 15% inflationary increase is applied to the most recent sale price for RYE HILL of £855,000 on 24th February 2021. For the value to have increased from £855,000 to £983,393 over the four years to February 2025, the following assumptions must hold true:

• The value of RYE HILL has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The February 2021 sale price of £855,000 represented a fair market value for the property.
• The size, condition, and specification of RYE HILL has not materially changed since February 2021.

How Large is RYE HILL?

RYE HILL is 279m², which includes four extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses houses in Warminster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warminster, and where RYE HILL lies on this distribution: 99% of detached houses houses are smaller than RYE HILL, and 1% of houses are larger. Note that EPC data is not available for all properties in Warminster.

RYE HILL: Plot and Title Map

RYE HILL sits on a plot of roughly 0.505 of an acre, or 2,042m². The below map shows the location of RYE HILL, 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 RYE HILL). 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 RYE HILL?

RYE HILL is located on WHEELERS LANE in WARMINSTER, in the BA12 postcode district. The below map shows the position of RYE HILL on WHEELERS LANE.