TIMBERLEY, THE RIDGE, REDLYNCH, SALISBURY, SP5 2LN - £375,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

TIMBERLEY is a large extended detached house of 125m², built sometime between 1967 and 1975. It was last sold for £375,000 in September 2017, which was around 9% below the average September 2017 detached price in the Wiltshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was C.

TIMBERLEY Sold Prices

Land registry data shows three sales for TIMBERLEY 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 TIMBERLEY sales were a mix of below 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
2017 29 SEP	£375,000	£413,846	9% below HPI
2002 5 APR	£210,000	£210,422	Close to HPI
1999 4 FEB	£127,500	£133,007	4% below HPI

TIMBERLEY 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 TIMBERLEY sales between February 1999 and September 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 April 2002 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2017 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is TIMBERLEY?

TIMBERLEY is 125m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 40% of detached houses in Woodfalls, based on EPC data. The below chart shows the distribution of detached houses by size in Woodfalls, and where TIMBERLEY lies on this distribution: 64% of detached houses are smaller than TIMBERLEY, and 36% of houses are larger. Note that EPC data is not available for all properties in Woodfalls.

TIMBERLEY: Plot and Title Map

TIMBERLEY sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of TIMBERLEY, 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 TIMBERLEY). 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 TIMBERLEY?

TIMBERLEY is located on THE RIDGE in REDLYNCH, in the SP5 postcode district. The below map shows the position of TIMBERLEY on THE RIDGE.