3, THE SQUARE, CATHEDRAL VIEWS, SALISBURY, SP2 7TW - £850,000

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 THE SQUARE is a very large terraced house of 168m², built sometime between 1996 and 2002, which could now be worth an estimated £1,042,680. It was last sold for £850,000 in February 2018, which was around 302% above the average February 2018 terraced price in the Wiltshire local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

3 THE SQUARE Sold Prices

Land registry data shows two sales for 3 THE SQUARE 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 THE SQUARE 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
2018 26 FEB	£850,000	£211,662	302% above HPI
1997 4 APR	£230,000	£52,474	338% above HPI

3 THE SQUARE 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 THE SQUARE sales from April 1997 and February 2018 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 April 1997 sale was for 338% above the HPI. So the extrapolation line tracks at 338% above the HPI over time, until the February 2018 sale, where it falls to 302% above the HPI. The line then continues to track at 302% above the HPI.

What might 3 THE SQUARE be worth now?

3 THE SQUARE might now be worth an estimated £1,042,680.

This is based on house price inflation of 22.7%, between February 2018 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 22.7% inflationary increase is applied to the most recent sale price for 3 THE SQUARE of £850,000 on 26th February 2018. For the value to have increased from £850,000 to £1,042,680 over the six years and eight months to June 2025, the following assumptions must hold true:

• The value of 3 THE SQUARE has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The February 2018 sale price of £850,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE SQUARE has not materially changed since February 2018.

How Large is 3 THE SQUARE?

3 THE SQUARE is 168m² according to the EPC inspection conducted in October 2017. This puts it in the largest 20% of terraced houses houses in Salisbury, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Salisbury, and where 3 THE SQUARE lies on this distribution: 85% of terraced houses houses are smaller than 3 THE SQUARE, and 14% of houses are larger. Note that EPC data is not available for all properties in Salisbury.

3 THE SQUARE: Plot and Title Map

3 THE SQUARE sits on a plot of roughly 2.3 acres, or 9,409m². The below map shows the location of 3 THE SQUARE, 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 THE SQUARE). 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 THE SQUARE?

3 THE SQUARE is located on CATHEDRAL VIEWS in SALISBURY, in the SP2 postcode district. The below map shows the position of 3 THE SQUARE on CATHEDRAL VIEWS.