2, SARUM CLOSE, SALISBURY, SP2 7LE - £125,000

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 SARUM CLOSE is a very small flat of 34m², built sometime between 1991 and 1995, which could now be worth an estimated £122,675. It was last sold for £125,000 in April 2022, which was around 22% below the average April 2022 flat price in the Wiltshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was C.

2 SARUM CLOSE Sold Prices

Land registry data shows five sales for 2 SARUM CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Wiltshire local authority area for the corresponding sale date. All of the five 2 SARUM CLOSE sales were 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
2022 19 APR	£125,000	£161,219	22% below HPI
2010 17 SEP	£117,000	£119,472	2% below HPI
2005 31 JAN	£111,500	£119,863	7% below HPI
2003 31 JAN	£81,000	£94,804	15% below HPI
1998 4 SEP	£41,000	£47,557	14% below HPI

What might 2 SARUM CLOSE be worth now?

2 SARUM CLOSE might now be worth an estimated £122,675.

This is based on house price deflation of 1.9%, between April 2022 and May 2026, for flats, in the Wiltshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.9% deflationary decrease is applied to the most recent sale price for 2 SARUM CLOSE of £125,000 on 19th April 2022. For the value to have decreased from £125,000 to £122,675 over the three years and eleven months to May 2026, the following assumptions must hold true:

• The value of 2 SARUM CLOSE has moved in line with the HPI for flats in the Wiltshire local authority area.
• The April 2022 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SARUM CLOSE has not materially changed since April 2022.

How Large is 2 SARUM CLOSE?

2 SARUM CLOSE is 34m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of flats in Salisbury, based on EPC data. 3% of flats are smaller than 2 SARUM CLOSE, and 96% of flats are larger. Note that EPC data is not available for all properties in Salisbury.

2 SARUM CLOSE: Plot

2 SARUM CLOSE sits on a plot of roughly 1.4 acres, or 5,827m².

Where is 2 SARUM CLOSE?

2 SARUM CLOSE is located in SALISBURY, in the SP2 postcode district.