SALZBURG, RESERVOIR LANE, PETERSFIELD, GU32 2HZ - £547,500

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.

SALZBURG is a large extended detached house of 157m², built sometime between 1950 and 1966, which could now be worth an estimated £733,167. It was last sold for £547,500 in July 2015, which was around 7% above the average July 2015 detached price in the East Hampshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

SALZBURG Sold Prices

Land registry data shows three sales for SALZBURG since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. One of the three SALZBURG sales was for above the average price, whilst two 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
2015 17 JUL	£547,500	£511,708	7% above HPI
2003 21 MAR	£280,000	£332,953	16% below HPI
2003 27 FEB	£250,000	£324,094	23% below HPI

SALZBURG Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The three SALZBURG sales between February 2003 and July 2015 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 March 2003 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2015 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might SALZBURG be worth now?

SALZBURG might now be worth an estimated £733,167.

This is based on house price inflation of 33.9%, between July 2015 and February 2025, for detached houses, in the East Hampshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.9% inflationary increase is applied to the most recent sale price for SALZBURG of £547,500 on 17th July 2015. For the value to have increased from £547,500 to £733,167 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of SALZBURG has moved in line with the HPI for detached houses in the East Hampshire local authority area.
• The July 2015 sale price of £547,500 represented a fair market value for the property.
• The size, condition, and specification of SALZBURG has not materially changed since July 2015.

How Large is SALZBURG?

SALZBURG is 157m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 40% of detached houses houses in Petersfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Petersfield, and where SALZBURG lies on this distribution: 68% of detached houses houses are smaller than SALZBURG, and 31% of houses are larger. Note that EPC data is not available for all properties in Petersfield.

SALZBURG: Plot and Title Map

SALZBURG sits on a plot of roughly 0.195 of an acre, or 788m². The below map shows the location of SALZBURG, 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 SALZBURG). 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 SALZBURG?

SALZBURG is located on RESERVOIR LANE in PETERSFIELD, in the GU32 postcode district. The below map shows the position of SALZBURG on RESERVOIR LANE.