12, BAILEY LANE, WILTON, SALISBURY, SP2 0FS - £340,000

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.

12 BAILEY LANE is a midsized terraced house of 118m², built in 2015, which could now be worth an estimated £410,819. It was last sold for £340,000 in August 2020, which was around 57% above the average August 2020 terraced price in the Wiltshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was B, and the potential energy rating was A.

12 BAILEY LANE Sold Prices

Land registry data shows three sales for 12 BAILEY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Wiltshire local authority area for the corresponding sale date. All of the three 12 BAILEY LANE 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
2020 14 AUG	£340,000	£216,979	57% above HPI
2018 27 APR	£350,000	£213,802	64% above HPI
2016 20 MAY	£329,950	£197,625	67% above HPI

12 BAILEY LANE 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 three 12 BAILEY LANE sales between May 2016 and August 2020 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 2018 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the August 2020 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 12 BAILEY LANE be worth now?

12 BAILEY LANE might now be worth an estimated £410,819.

This is based on house price inflation of 20.8%, between August 2020 and April 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 20.8% inflationary increase is applied to the most recent sale price for 12 BAILEY LANE of £340,000 on 14th August 2020. For the value to have increased from £340,000 to £410,819 over the six years and four months to April 2026, the following assumptions must hold true:

• The value of 12 BAILEY LANE has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The August 2020 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 12 BAILEY LANE has not materially changed since August 2020.

How Large is 12 BAILEY LANE?

12 BAILEY LANE is 118m² according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of terraced houses houses in Wilton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wilton, and where 12 BAILEY LANE lies on this distribution: 50% of terraced houses houses are smaller than 12 BAILEY LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in Wilton.

12 BAILEY LANE: Plot and Title Map

12 BAILEY LANE sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 12 BAILEY LANE, 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 12 BAILEY LANE). 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 12 BAILEY LANE?

12 BAILEY LANE is located in WILTON, in the SP2 postcode district. The below map shows the position of No. 12 on BAILEY LANE.