16, ELM CLOSE, LAVERSTOCK, SALISBURY, SP1 1SA - £324,950

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.

16 ELM CLOSE is a small detached house of 92m², built sometime between 1950 and 1966, which could now be worth an estimated £432,622. It was last sold for £324,950 in March 2016, which was around 17% below the average March 2016 detached price in the Wiltshire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

16 ELM CLOSE Sold Prices

Land registry data shows two sales for 16 ELM CLOSE 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 16 ELM CLOSE 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
2016 24 MAR	£324,950	£390,414	17% below HPI
1996 22 MAY	£97,000	£102,625	5% below HPI

16 ELM CLOSE 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 16 ELM CLOSE sales from May 1996 and March 2016 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 May 1996 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 16 ELM CLOSE be worth now?

16 ELM CLOSE might now be worth an estimated £432,622.

This is based on house price inflation of 33.1%, between March 2016 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 33.1% inflationary increase is applied to the most recent sale price for 16 ELM CLOSE of £324,950 on 24th March 2016. For the value to have increased from £324,950 to £432,622 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 16 ELM CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The March 2016 sale price of £324,950 represented a fair market value for the property.
• The size, condition, and specification of 16 ELM CLOSE has not materially changed since March 2016.

How Large is 16 ELM CLOSE?

16 ELM CLOSE is 92m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 30% 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 16 ELM CLOSE lies on this distribution: 24% of detached houses houses are smaller than 16 ELM CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Salisbury.

16 ELM CLOSE: Plot and Title Map

16 ELM CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 16 ELM CLOSE, 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 16 ELM CLOSE). 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 16 ELM CLOSE?

16 ELM CLOSE is located in LAVERSTOCK, in the SP1 postcode district. The below map shows the position of No. 16 on ELM CLOSE.