2, RICHARDS WAY, SALISBURY, SP2 8NT - £325,000

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.

2 RICHARDS WAY is a very large extended detached house of 157m², built sometime between 1967 and 1975, which could now be worth an estimated £527,314. It was last sold for £325,000 in January 2010, which was around 2% above the average January 2010 detached price in the Wiltshire local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was D.

2 RICHARDS WAY Sold Prices

Land registry data shows one sale for 2 RICHARDS WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2010 29 JAN	£325,000	£318,788	2% above HPI

What might 2 RICHARDS WAY be worth now?

2 RICHARDS WAY might now be worth an estimated £527,314.

This is based on house price inflation of 62.3%, between January 2010 and May 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 62.3% inflationary increase is applied to the most recent sale price for 2 RICHARDS WAY of £325,000 on 29th January 2010. For the value to have increased from £325,000 to £527,314 over the fifteen years and eight months to May 2026, the following assumptions must hold true:

• The value of 2 RICHARDS WAY has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The January 2010 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RICHARDS WAY has not materially changed since January 2010.

How Large is 2 RICHARDS WAY?

2 RICHARDS WAY is 157m², which includes two extensions, according to the EPC inspection conducted in November 2009. This puts it in the largest 20% of detached houses in Salisbury, based on EPC data. The below chart shows the distribution of detached houses by size in Salisbury, and where 2 RICHARDS WAY lies on this distribution: 80% of detached houses are smaller than 2 RICHARDS WAY, and 19% of detached houses are larger. Note that EPC data is not available for all properties in Salisbury.

2 RICHARDS WAY: Plot

2 RICHARDS WAY sits on a plot of roughly 0.103 of an acre, or 418m².

Where is 2 RICHARDS WAY?

2 RICHARDS WAY is located in SALISBURY, in the SP2 postcode district.