THE COTTAGE, PRINCES CLOSE, REDLYNCH, SALISBURY, SP5 2HQ - £710,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE COTTAGE is a small detached house of 112m², built sometime before 1900, which could now be worth an estimated £739,093. It was last sold for £710,000 in June 2022, which was around 42% above the average June 2022 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

THE COTTAGE Sold Prices

Land registry data shows three sales for THE 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. The three THE COTTAGE sales were a mix of above the average price, and roughly equal to 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 17 JUN	£710,000	£499,260	42% above HPI
2003 27 JUN	£275,000	£263,301	4% above HPI
1997 10 APR	£112,500	£112,265	Close to HPI

THE 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 THE COTTAGE sales between April 1997 and June 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 June 2003 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2022 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might THE COTTAGE be worth now?

THE COTTAGE might now be worth an estimated £739,093.

This is based on house price inflation of 4.1%, between June 2022 and December 2024, 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 4.1% inflationary increase is applied to the most recent sale price for THE COTTAGE of £710,000 on 17th June 2022. For the value to have increased from £710,000 to £739,093 over the one year and six months to December 2024, the following assumptions must hold true:

• The value of THE COTTAGE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The June 2022 sale price of £710,000 represented a fair market value for the property.
• The size, condition, and specification of THE COTTAGE has not materially changed since June 2022.

How Large is THE COTTAGE?

THE COTTAGE is 112m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses houses in Redlynch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redlynch, and where THE COTTAGE lies on this distribution: 30% of detached houses houses are smaller than THE COTTAGE, and 70% of houses are larger. Note that EPC data is not available for all properties in Redlynch.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE is located on PRINCES CLOSE in REDLYNCH, in the SP5 postcode district. The below map shows the position of THE COTTAGE on PRINCES CLOSE.