THE STUDIO, EAST STREET, SALISBURY, SP2 7SF - £247,500

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 STUDIO is a very small extended detached house of 65m², built sometime between 1950 and 1966, which could now be worth an estimated £389,338. It was last sold for £247,500 in April 2014, which was around 25% below the average April 2014 detached price in the Wiltshire local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was D.

THE STUDIO Sold Prices

Land registry data shows two sales for THE STUDIO 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 THE STUDIO 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
2014 11 APR	£247,500	£330,420	25% below HPI
2007 8 NOV	£190,000	£344,564	45% below HPI

THE STUDIO 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 STUDIO sales from November 2007 and April 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 November 2007 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the April 2014 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might THE STUDIO be worth now?

THE STUDIO might now be worth an estimated £389,338.

This is based on house price inflation of 57.3%, between April 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 57.3% inflationary increase is applied to the most recent sale price for THE STUDIO of £247,500 on 11th April 2014. For the value to have increased from £247,500 to £389,338 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of THE STUDIO has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The April 2014 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of THE STUDIO has not materially changed since April 2014.

How Large is THE STUDIO?

THE STUDIO is 65m², which includes three extensions, according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of detached houses houses in Salisbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Salisbury, and where THE STUDIO lies on this distribution: 3% of detached houses houses are smaller than THE STUDIO, and 97% of houses are larger. Note that EPC data is not available for all properties in Salisbury.

THE STUDIO: Plot and Title Map

THE STUDIO sits on a plot of roughly 0.017 of an acre, or 69m². The below map shows the location of THE STUDIO, 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 STUDIO). 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 STUDIO?

THE STUDIO is located on EAST STREET in SALISBURY, in the SP2 postcode district. The below map shows the position of THE STUDIO on EAST STREET.