8, CHERRY ORCHARD LANE, SALISBURY, SP2 7JG - £212,500

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.

8 CHERRY ORCHARD LANE is a very small terraced house of 88m², built sometime between 1900 and 1929, which could now be worth an estimated £348,756. It was last sold for £212,500 in October 2008, which was around 32% above the average October 2008 terraced price in the Wiltshire local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

8 CHERRY ORCHARD LANE Sold Prices

Land registry data shows two sales for 8 CHERRY ORCHARD LANE 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 8 CHERRY ORCHARD LANE 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
2008 10 OCT	£212,500	£161,201	32% above HPI
1996 12 JUN	£64,500	£49,223	31% above HPI

8 CHERRY ORCHARD LANE 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 8 CHERRY ORCHARD LANE sales from June 1996 and October 2008 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 June 1996 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the October 2008 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 8 CHERRY ORCHARD LANE be worth now?

8 CHERRY ORCHARD LANE might now be worth an estimated £348,756.

This is based on house price inflation of 64.1%, between October 2008 and October 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 64.1% inflationary increase is applied to the most recent sale price for 8 CHERRY ORCHARD LANE of £212,500 on 10th October 2008. For the value to have increased from £212,500 to £348,756 over the seventeen years to October 2025, the following assumptions must hold true:

• The value of 8 CHERRY ORCHARD LANE has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The October 2008 sale price of £212,500 represented a fair market value for the property.
• The size, condition, and specification of 8 CHERRY ORCHARD LANE has not materially changed since October 2008.

How Large is 8 CHERRY ORCHARD LANE?

8 CHERRY ORCHARD LANE is 88m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 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 8 CHERRY ORCHARD LANE lies on this distribution: 18% of terraced houses houses are smaller than 8 CHERRY ORCHARD LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Salisbury.

8 CHERRY ORCHARD LANE: Plot and Title Map

8 CHERRY ORCHARD LANE sits on a plot of roughly 0.027 of an acre, or 111m². The below map shows the location of 8 CHERRY ORCHARD 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 8 CHERRY ORCHARD 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 8 CHERRY ORCHARD LANE?

8 CHERRY ORCHARD LANE is located in SALISBURY, in the SP2 postcode district. The below map shows the position of No. 8 on CHERRY ORCHARD LANE.