3, REED WALK, DURRINGTON, SALISBURY, SP4 8NE - £400,000

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.

3 REED WALK is a large detached house of 115m², built sometime between 2003 and 2006, which could now be worth an estimated £429,461. It was last sold for £400,000 in November 2021, which was around 16% below the average November 2021 detached price in the Wiltshire local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

3 REED WALK Sold Prices

Land registry data shows two sales for 3 REED WALK 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 3 REED WALK 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
2021 3 NOV	£400,000	£478,857	16% below HPI
2020 31 MAR	£365,000	£424,948	14% below HPI

3 REED WALK 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 3 REED WALK sales from March 2020 and November 2021 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 March 2020 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 3 REED WALK be worth now?

3 REED WALK might now be worth an estimated £429,461.

This is based on house price inflation of 7.4%, between November 2021 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 7.4% inflationary increase is applied to the most recent sale price for 3 REED WALK of £400,000 on 3rd November 2021. For the value to have increased from £400,000 to £429,461 over the five years and seven months to April 2026, the following assumptions must hold true:

• The value of 3 REED WALK has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The November 2021 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 3 REED WALK has not materially changed since November 2021.

How Large is 3 REED WALK?

3 REED WALK is 115m² according to the EPC inspection conducted in December 2019. This puts it in the largest 40% of detached houses houses in Durrington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Durrington, and where 3 REED WALK lies on this distribution: 62% of detached houses houses are smaller than 3 REED WALK, and 36% of houses are larger. Note that EPC data is not available for all properties in Durrington.

3 REED WALK: Plot and Title Map

3 REED WALK sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 3 REED WALK, 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 3 REED WALK). 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 3 REED WALK?

3 REED WALK is located in DURRINGTON, in the SP4 postcode district. The below map shows the position of No. 3 on REED WALK.