3, SPRING COTTAGES, QUAVEY ROAD, REDLYNCH, SALISBURY, SP5 2HJ - £267,500

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 SPRING COTTAGES is a very small extended terraced house of 70m², built sometime before 1900, which could now be worth an estimated £341,413. It was last sold for £267,500 in August 2016, which was around 31% above the average August 2016 terraced price in the Wiltshire local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

3 SPRING COTTAGES Sold Prices

Land registry data shows two sales for 3 SPRING COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Wiltshire local authority area for the corresponding sale date. Both of the two 3 SPRING COTTAGES 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
2016 26 AUG	£267,500	£203,432	31% above HPI
2003 1 MAY	£174,000	£122,981	41% above HPI

3 SPRING COTTAGES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wiltshire local authority area over time, sourced from the HPI. The two 3 SPRING COTTAGES sales from May 2003 and August 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 2003 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the August 2016 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 3 SPRING COTTAGES be worth now?

3 SPRING COTTAGES might now be worth an estimated £341,413.

This is based on house price inflation of 27.6%, between August 2016 and June 2025, for terraced 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 27.6% inflationary increase is applied to the most recent sale price for 3 SPRING COTTAGES of £267,500 on 26th August 2016. For the value to have increased from £267,500 to £341,413 over the nine years and two months to June 2025, the following assumptions must hold true:

• The value of 3 SPRING COTTAGES has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The August 2016 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 3 SPRING COTTAGES has not materially changed since August 2016.

How Large is 3 SPRING COTTAGES?

3 SPRING COTTAGES is 70m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of terraced houses houses in Redlynch, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Redlynch, and where 3 SPRING COTTAGES lies on this distribution: Less than 1% of terraced houses houses are smaller than 3 SPRING COTTAGES, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Redlynch.

3 SPRING COTTAGES: Plot and Title Map

3 SPRING COTTAGES sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 3 SPRING COTTAGES, 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 SPRING COTTAGES). 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 SPRING COTTAGES?

3 SPRING COTTAGES is located on QUAVEY ROAD in REDLYNCH, in the SP5 postcode district. The below map shows the position of 3 SPRING COTTAGES on QUAVEY ROAD.