WARREEF, KING LANE, WARMINSTER, BA12 8DH - £285,000

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

WARREEF is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £285,000 in September 2021, which was around 35% below the average September 2021 detached price in the Wiltshire local authority area. The most recent EPC inspection was February 2021, where the current energy rating was E, and the potential energy rating was C.

WARREEF Sold Prices

Land registry data shows three sales for WARREEF 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. All of the three WARREEF 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
2021 28 SEP	£285,000	£439,651	35% below HPI
2018 2 NOV	£263,500	£423,927	38% below HPI
2016 12 JUL	£210,000	£383,256	45% below HPI

WARREEF 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 WARREEF sales between July 2016 and September 2021 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 2018 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is WARREEF?

WARREEF is 68m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 10% of detached houses in Warminster, based on EPC data. The below chart shows the distribution of detached houses by size in Warminster, and where WARREEF lies on this distribution: 9% of detached houses are smaller than WARREEF, and 90% of houses are larger. Note that EPC data is not available for all properties in Warminster.

WARREEF: Plot and Title Map

WARREEF sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of WARREEF, 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 WARREEF). 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 WARREEF?

WARREEF is located on KING LANE in WARMINSTER, in the BA12 postcode district. The below map shows the position of WARREEF on KING LANE.