16, MILLENNIUM CLOSE, SALISBURY, SP2 8TB - £575,000

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.

16 MILLENNIUM CLOSE is a midsized detached house of 119m², built sometime between 1996 and 2002, which could now be worth an estimated £584,824. It was last sold for £575,000 in July 2023, which was around 14% above the average July 2023 detached price in the Wiltshire local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

16 MILLENNIUM CLOSE Sold Prices

Land registry data shows four sales for 16 MILLENNIUM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the four 16 MILLENNIUM CLOSE 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
2023 28 JUL	£575,000	£505,490	14% above HPI
2018 11 SEP	£490,000	£437,830	12% above HPI
2017 8 JUN	£450,000	£416,372	8% above HPI
1999 3 DEC	£180,000	£160,665	12% above HPI

16 MILLENNIUM 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 four 16 MILLENNIUM CLOSE sales between December 1999 and July 2023 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 September 2018 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2023 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 16 MILLENNIUM CLOSE be worth now?

16 MILLENNIUM CLOSE might now be worth an estimated £584,824.

This is based on house price inflation of 1.7%, between July 2023 and April 2026, 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 1.7% inflationary increase is applied to the most recent sale price for 16 MILLENNIUM CLOSE of £575,000 on 28th July 2023. For the value to have increased from £575,000 to £584,824 over the three years and three months to April 2026, the following assumptions must hold true:

• The value of 16 MILLENNIUM CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The July 2023 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MILLENNIUM CLOSE has not materially changed since July 2023.

How Large is 16 MILLENNIUM CLOSE?

16 MILLENNIUM CLOSE is 119m² according to the EPC inspection conducted in February 2017. This puts it in the largest 50% 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 MILLENNIUM CLOSE lies on this distribution: 52% of detached houses houses are smaller than 16 MILLENNIUM CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Salisbury.

16 MILLENNIUM CLOSE: Plot and Title Map

16 MILLENNIUM CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 16 MILLENNIUM 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 MILLENNIUM 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 MILLENNIUM CLOSE?

16 MILLENNIUM CLOSE is located in SALISBURY, in the SP2 postcode district. The below map shows the position of No. 16 on MILLENNIUM CLOSE.