RED OAKS, SOUTH LANE, NOMANSLAND, SALISBURY, SP5 2BZ - £725,000

RED OAKS is a very large detached house of 196m², built sometime from 2007 onwards. It was last sold for £725,000 in August 2019, which was around 74% above the average August 2019 detached price in the Wiltshire local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

RED OAKS Sold Prices

Land registry data shows two sales for RED OAKS 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 RED OAKS 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 2 AUG	£725,000	£416,095	74% above HPI
2009 19 JUN	£225,000	£275,918	18% below HPI

RED OAKS 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 RED OAKS sales from June 2009 and August 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 June 2009 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2019 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

How Large is RED OAKS?

RED OAKS is 196m² according to the EPC inspection conducted in August 2013. This puts it in the largest 20% of detached houses in Nomansland, based on EPC data. The below chart shows the distribution of detached houses by size in Nomansland, and where RED OAKS lies on this distribution: 83% of detached houses are smaller than RED OAKS, and 17% of houses are larger. Note that EPC data is not available for all properties in Nomansland.

RED OAKS: Plot and Title Map

RED OAKS sits on a plot of roughly 0.151 of an acre, or 609m². The below map shows the location of RED OAKS, 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 RED OAKS). 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 RED OAKS?

RED OAKS is located on SOUTH LANE in NOMANSLAND, in the SP5 postcode district. The below map shows the position of RED OAKS on SOUTH LANE.