PORTWAY PLACE, THE PORTWAY, STRATFORD SUB CASTLE, SALISBURY, SP1 3LD - £495,000

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.

PORTWAY PLACE is a very large extended detached house of 182m², built sometime between 1976 and 1982, which could now be worth an estimated £600,997. It was last sold for £495,000 in May 2019, which was around 17% above the average May 2019 detached price in the Wiltshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

PORTWAY PLACE Sold Prices

Land registry data shows two sales for PORTWAY PLACE 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. One of the two PORTWAY PLACE sales was for above the average price, whilst the other 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
2019 1 MAY	£495,000	£423,528	17% above HPI
2014 17 FEB	£325,000	£330,449	2% below HPI

PORTWAY PLACE 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 PORTWAY PLACE sales from February 2014 and May 2019 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 February 2014 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2019 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might PORTWAY PLACE be worth now?

PORTWAY PLACE might now be worth an estimated £600,997.

This is based on house price inflation of 21.4%, between May 2019 and October 2025, 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 21.4% inflationary increase is applied to the most recent sale price for PORTWAY PLACE of £495,000 on 1st May 2019. For the value to have increased from £495,000 to £600,997 over the five years and seven months to October 2025, the following assumptions must hold true:

• The value of PORTWAY PLACE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The May 2019 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of PORTWAY PLACE has not materially changed since May 2019.

How Large is PORTWAY PLACE?

PORTWAY PLACE is 182m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the largest 10% of detached houses houses in Salisbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Salisbury, and where PORTWAY PLACE lies on this distribution: 90% of detached houses houses are smaller than PORTWAY PLACE, and 10% of houses are larger. Note that EPC data is not available for all properties in Salisbury.

PORTWAY PLACE: Plot and Title Map

PORTWAY PLACE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of PORTWAY PLACE, 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 PORTWAY PLACE). 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 PORTWAY PLACE?

PORTWAY PLACE is located on THE PORTWAY in STRATFORD SUB CASTLE, in the SP1 postcode district. The below map shows the position of PORTWAY PLACE on THE PORTWAY.