3, MUNKS CLOSE, SALISBURY, SP2 8PB - £208,000

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.

3 MUNKS CLOSE is a very small detached house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £334,371. It was last sold for £208,000 in February 2012, which was around 35% below the average February 2012 detached price in the Wiltshire local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was D.

3 MUNKS CLOSE Sold Prices

Land registry data shows one sale for 3 MUNKS CLOSE 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
2012 17 FEB	£208,000	£321,753	35% below HPI

What might 3 MUNKS CLOSE be worth now?

3 MUNKS CLOSE might now be worth an estimated £334,371.

This is based on house price inflation of 60.8%, between February 2012 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 60.8% inflationary increase is applied to the most recent sale price for 3 MUNKS CLOSE of £208,000 on 17th February 2012. For the value to have increased from £208,000 to £334,371 over the thirteen years and nine months to May 2026, the following assumptions must hold true:

• The value of 3 MUNKS CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The February 2012 sale price of £208,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MUNKS CLOSE has not materially changed since February 2012.

How Large is 3 MUNKS CLOSE?

3 MUNKS CLOSE is 75m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of detached houses in Salisbury, based on EPC data. The below chart shows the distribution of detached houses by size in Salisbury, and where 3 MUNKS CLOSE lies on this distribution: 7% of detached houses are smaller than 3 MUNKS CLOSE, and 93% of detached houses are larger. Note that EPC data is not available for all properties in Salisbury.

3 MUNKS CLOSE: Plot

3 MUNKS CLOSE sits on a plot of roughly 0.125 of an acre, or 506m².

Where is 3 MUNKS CLOSE?

3 MUNKS CLOSE is located in SALISBURY, in the SP2 postcode district.