THE RIVER BANK, PARK LANE, HEYTESBURY, WARMINSTER, BA12 0HE - £417,500

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.

THE RIVER BANK is a very small detached house of 115m², built sometime before 1900, which could now be worth an estimated £611,981. It was last sold for £417,500 in October 2014, which was around 18% above the average October 2014 detached price in the Wiltshire local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was D.

THE RIVER BANK Sold Prices

Land registry data shows two sales for THE RIVER BANK 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 RIVER BANK sales was for above the average price, whilst the other was 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
2014 31 OCT	£417,500	£354,598	18% above HPI
1997 11 JUN	£98,000	£114,082	14% below HPI

THE RIVER BANK 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 RIVER BANK sales from June 1997 and October 2014 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 1997 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2014 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might THE RIVER BANK be worth now?

THE RIVER BANK might now be worth an estimated £611,981.

This is based on house price inflation of 46.6%, between October 2014 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 46.6% inflationary increase is applied to the most recent sale price for THE RIVER BANK of £417,500 on 31st October 2014. For the value to have increased from £417,500 to £611,981 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of THE RIVER BANK has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The October 2014 sale price of £417,500 represented a fair market value for the property.
• The size, condition, and specification of THE RIVER BANK has not materially changed since October 2014.

How Large is THE RIVER BANK?

THE RIVER BANK is 115m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 20% of detached houses houses in Heytesbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heytesbury, and where THE RIVER BANK lies on this distribution: 13% of detached houses houses are smaller than THE RIVER BANK, and 88% of houses are larger. Note that EPC data is not available for all properties in Heytesbury.

THE RIVER BANK: Plot and Title Map

THE RIVER BANK sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of THE RIVER BANK, 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 RIVER BANK). 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 RIVER BANK?

THE RIVER BANK is located on PARK LANE in HEYTESBURY, in the BA12 postcode district. The below map shows the position of THE RIVER BANK on PARK LANE.