SUMMER LODGE, LODGE DROVE, WOODFALLS, SALISBURY, SP5 2NH - £425,000

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.

SUMMER LODGE is a very small extended detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £419,185. It was last sold for £425,000 in October 2022, which was around 19% below the average October 2022 detached price in the Wiltshire local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

SUMMER LODGE Sold Prices

Land registry data shows two sales for SUMMER LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. Both of the two SUMMER LODGE 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
2022 7 OCT	£425,000	£526,988	19% below HPI
2003 21 MAY	£235,000	£263,024	11% below HPI

SUMMER LODGE 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 two SUMMER LODGE sales from May 2003 and October 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 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might SUMMER LODGE be worth now?

SUMMER LODGE might now be worth an estimated £419,185.

This is based on house price deflation of 1.4%, between October 2022 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 1.4% deflationary decrease is applied to the most recent sale price for SUMMER LODGE of £425,000 on 7th October 2022. For the value to have decreased from £425,000 to £419,185 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of SUMMER LODGE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The October 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of SUMMER LODGE has not materially changed since October 2022.

How Large is SUMMER LODGE?

SUMMER LODGE is 83m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses houses in Woodfalls, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodfalls, and where SUMMER LODGE lies on this distribution: 16% of detached houses houses are smaller than SUMMER LODGE, and 84% of houses are larger. Note that EPC data is not available for all properties in Woodfalls.

SUMMER LODGE: Plot and Title Map

SUMMER LODGE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of SUMMER LODGE, 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 SUMMER LODGE). 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 SUMMER LODGE?

SUMMER LODGE is located on LODGE DROVE in WOODFALLS, in the SP5 postcode district. The below map shows the position of SUMMER LODGE on LODGE DROVE.