THE MAGNOLIAS, SALISBURY ROAD, DOWNTON, SALISBURY, SP5 3HZ - £395,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE MAGNOLIAS is a large detached house of 149m², built sometime between 1983 and 1990. It was last sold for £395,000 in February 2017, which was around 1% below the average February 2017 detached price in the Wiltshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

THE MAGNOLIAS Sold Prices

Land registry data shows two sales for THE MAGNOLIAS 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. One of the two THE MAGNOLIAS sales was for below the average price, whilst the other was 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
2017 6 FEB	£395,000	£397,474	1% below HPI
1995 12 OCT	£121,000	£99,781	21% above HPI

THE MAGNOLIAS 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 THE MAGNOLIAS sales from October 1995 and February 2017 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 October 1995 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the February 2017 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is THE MAGNOLIAS?

THE MAGNOLIAS is 149m² according to the EPC inspection conducted in November 2016. This puts it in the largest 40% of detached houses in Downton, based on EPC data. The below chart shows the distribution of detached houses by size in Downton, and where THE MAGNOLIAS lies on this distribution: 66% of detached houses are smaller than THE MAGNOLIAS, and 34% of houses are larger. Note that EPC data is not available for all properties in Downton.

THE MAGNOLIAS: Plot and Title Map

THE MAGNOLIAS sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of THE MAGNOLIAS, 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 MAGNOLIAS). 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 MAGNOLIAS?

THE MAGNOLIAS is located on SALISBURY ROAD in DOWNTON, in the SP5 postcode district. The below map shows the position of THE MAGNOLIAS on SALISBURY ROAD.