9, PARK DRIVE, CHILMARK, SALISBURY, SP3 5AW - £450,000

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.

9 PARK DRIVE is a large extended detached house of 171m², built sometime between 1967 and 1975, which could now be worth an estimated £529,822. It was last sold for £450,000 in August 2018, which was around 3% above the average August 2018 detached price in the Wiltshire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was C.

9 PARK DRIVE Sold Prices

Land registry data shows three sales for 9 PARK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. Two of the three 9 PARK DRIVE sales were for above the average price, whilst one was 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
2018 15 AUG	£450,000	£436,669	3% above HPI
2015 16 JAN	£370,000	£351,328	5% above HPI
2008 20 MAR	£280,000	£332,307	16% below HPI

9 PARK DRIVE 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 three 9 PARK DRIVE sales between March 2008 and August 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 January 2015 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2018 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 9 PARK DRIVE be worth now?

9 PARK DRIVE might now be worth an estimated £529,822.

This is based on house price inflation of 17.7%, between August 2018 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 17.7% inflationary increase is applied to the most recent sale price for 9 PARK DRIVE of £450,000 on 15th August 2018. For the value to have increased from £450,000 to £529,822 over the eight years and four months to April 2026, the following assumptions must hold true:

• The value of 9 PARK DRIVE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The August 2018 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PARK DRIVE has not materially changed since August 2018.

How Large is 9 PARK DRIVE?

9 PARK DRIVE is 171m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 40% of detached houses houses in Chilmark, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chilmark, and where 9 PARK DRIVE lies on this distribution: 66% of detached houses houses are smaller than 9 PARK DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Chilmark.

9 PARK DRIVE: Plot and Title Map

9 PARK DRIVE sits on a plot of roughly 0.255 of an acre, or 1,033m². The below map shows the location of 9 PARK DRIVE, 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 9 PARK DRIVE). 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 9 PARK DRIVE?

9 PARK DRIVE is located in CHILMARK, in the SP3 postcode district. The below map shows the position of No. 9 on PARK DRIVE.