2, CHAPEL LANE, SHREWTON, SALISBURY, SP3 4BX - £370,000

2 CHAPEL LANE is a very small extended detached house of 80m², built sometime between 1976 and 1982. It was last sold for £370,000 in September 2022, which was around 30% below the average September 2022 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

2 CHAPEL LANE Sold Prices

Land registry data shows three sales for 2 CHAPEL LANE 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 2 CHAPEL LANE 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
2022 30 SEP	£370,000	£529,529	30% below HPI
2021 23 JUL	£231,000	£453,854	49% below HPI
2013 7 NOV	£220,000	£325,953	33% below HPI

2 CHAPEL LANE 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 2 CHAPEL LANE sales between November 2013 and September 2022 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 July 2021 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the September 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 CHAPEL LANE?

2 CHAPEL LANE is 80m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses in Shrewton, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewton, and where 2 CHAPEL LANE lies on this distribution: 7% of detached houses are smaller than 2 CHAPEL LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Shrewton.

2 CHAPEL LANE: Plot and Title Map

2 CHAPEL LANE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 2 CHAPEL 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 2 CHAPEL 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 2 CHAPEL LANE?

2 CHAPEL LANE is located in SHREWTON, in the SP3 postcode district. The below map shows the position of No. 2 on CHAPEL LANE.