SOUTH LANE COTTAGE, SOUTH LANE, DOWNTON, SALISBURY, SP5 3NA - £1,100,000

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.

SOUTH LANE COTTAGE is a very large extended detached house of 321m², built sometime before 1900, which could now be worth an estimated £1,349,983. It was last sold for £1,100,000 in May 2019, which was around 160% above the average May 2019 detached price in the Wiltshire local authority area. The most recent EPC inspection was February 2022, where the current energy rating was E, and the potential energy rating was C.

SOUTH LANE COTTAGE Sold Prices

Land registry data shows three sales for SOUTH LANE COTTAGE 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 SOUTH LANE COTTAGE 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
2019 28 MAY	£1,100,000	£423,528	160% above HPI
2008 14 NOV	£700,000	£311,137	125% above HPI
2000 5 OCT	£365,000	£187,500	95% above HPI

SOUTH LANE COTTAGE 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 SOUTH LANE COTTAGE sales between October 2000 and May 2019 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 November 2008 sale was for 125% above the HPI. So the extrapolation line tracks at 125% above the HPI over time, until the May 2019 sale, where it rises to 160% above the HPI. The line then continues to track at 160% above the HPI.

What might SOUTH LANE COTTAGE be worth now?

SOUTH LANE COTTAGE might now be worth an estimated £1,349,983.

This is based on house price inflation of 22.7%, between May 2019 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 22.7% inflationary increase is applied to the most recent sale price for SOUTH LANE COTTAGE of £1,100,000 on 28th May 2019. For the value to have increased from £1,100,000 to £1,349,983 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of SOUTH LANE COTTAGE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The May 2019 sale price of £1,100,000 represented a fair market value for the property.
• The size, condition, and specification of SOUTH LANE COTTAGE has not materially changed since May 2019.

How Large is SOUTH LANE COTTAGE?

SOUTH LANE COTTAGE is 321m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 10% of detached houses houses in Downton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Downton, and where SOUTH LANE COTTAGE lies on this distribution: 98% of detached houses houses are smaller than SOUTH LANE COTTAGE, and 3% of houses are larger. Note that EPC data is not available for all properties in Downton.

SOUTH LANE COTTAGE: Plot and Title Map

SOUTH LANE COTTAGE sits on a plot of roughly 0.753 of an acre, or 3,047m². The below map shows the location of SOUTH LANE COTTAGE, 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 SOUTH LANE COTTAGE). 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 SOUTH LANE COTTAGE?

SOUTH LANE COTTAGE is located on SOUTH LANE in DOWNTON, in the SP5 postcode district. The below map shows the position of SOUTH LANE COTTAGE on SOUTH LANE.