115, LOWER ROAD, SALISBURY, SP2 9NH - £285,000

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.

115 LOWER ROAD is a very small extended terraced house of 77m², built sometime before 1900, which could now be worth an estimated £349,669. It was last sold for £285,000 in November 2019, which was around 33% above the average November 2019 terraced price in the Wiltshire local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

115 LOWER ROAD Sold Prices

Land registry data shows two sales for 115 LOWER ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Wiltshire local authority area for the corresponding sale date. Both of the two 115 LOWER ROAD sales were 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
2019 19 NOV	£285,000	£214,571	33% above HPI
2003 28 MAR	£170,000	£120,957	41% above HPI

115 LOWER ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wiltshire local authority area over time, sourced from the HPI. The two 115 LOWER ROAD sales from March 2003 and November 2019 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 March 2003 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the November 2019 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 115 LOWER ROAD be worth now?

115 LOWER ROAD might now be worth an estimated £349,669.

This is based on house price inflation of 22.7%, between November 2019 and May 2026, for terraced 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 22.7% inflationary increase is applied to the most recent sale price for 115 LOWER ROAD of £285,000 on 19th November 2019. For the value to have increased from £285,000 to £349,669 over the seven years and six months to May 2026, the following assumptions must hold true:

• The value of 115 LOWER ROAD has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The November 2019 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 115 LOWER ROAD has not materially changed since November 2019.

How Large is 115 LOWER ROAD?

115 LOWER ROAD is 77m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of terraced houses houses in Salisbury, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Salisbury, and where 115 LOWER ROAD lies on this distribution: 8% of terraced houses houses are smaller than 115 LOWER ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Salisbury.

115 LOWER ROAD: Plot and Title Map

115 LOWER ROAD sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 115 LOWER ROAD, 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 115 LOWER ROAD). 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 115 LOWER ROAD?

115 LOWER ROAD is located in SALISBURY, in the SP2 postcode district. The below map shows the position of No. 115 on LOWER ROAD.