2, SPRINGFIELD PARK, TISBURY, SALISBURY, SP3 6QN - £425,000

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.

2 SPRINGFIELD PARK is a small extended detached house of 103m², built sometime between 1983 and 1990, which could now be worth an estimated £437,850. It was last sold for £425,000 in December 2023, which was around 15% below the average December 2023 detached price in the Wiltshire local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

2 SPRINGFIELD PARK Sold Prices

Land registry data shows two sales for 2 SPRINGFIELD PARK 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 2 SPRINGFIELD PARK 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
2023 15 DEC	£425,000	£502,055	15% below HPI
1996 13 DEC	£79,950	£110,063	27% below HPI

2 SPRINGFIELD PARK 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 2 SPRINGFIELD PARK sales from December 1996 and December 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 December 1996 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 SPRINGFIELD PARK be worth now?

2 SPRINGFIELD PARK might now be worth an estimated £437,850.

This is based on house price inflation of 3%, between December 2023 and May 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 3% inflationary increase is applied to the most recent sale price for 2 SPRINGFIELD PARK of £425,000 on 15th December 2023. For the value to have increased from £425,000 to £437,850 over the three years and seven months to May 2026, the following assumptions must hold true:

• The value of 2 SPRINGFIELD PARK has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The December 2023 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPRINGFIELD PARK has not materially changed since December 2023.

How Large is 2 SPRINGFIELD PARK?

2 SPRINGFIELD PARK is 103m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% of detached houses houses in Tisbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tisbury, and where 2 SPRINGFIELD PARK lies on this distribution: 33% of detached houses houses are smaller than 2 SPRINGFIELD PARK, and 66% of houses are larger. Note that EPC data is not available for all properties in Tisbury.

2 SPRINGFIELD PARK: Plot and Title Map

2 SPRINGFIELD PARK sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 2 SPRINGFIELD PARK, 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 SPRINGFIELD PARK). 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 SPRINGFIELD PARK?

2 SPRINGFIELD PARK is located in TISBURY, in the SP3 postcode district. The below map shows the position of No. 2 on SPRINGFIELD PARK.