THE GABLES, MARSHMEAD CLOSE, CLARENDON, SALISBURY, SP5 3DD - £305,000

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.

THE GABLES is a small extended detached house of 98m², built sometime between 1991 and 1995, which could now be worth an estimated £364,491. It was last sold for £305,000 in February 2019, which was around 30% below the average February 2019 detached price in the Wiltshire local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was A.

THE GABLES Sold Prices

Land registry data shows two sales for THE GABLES 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. Both of the two THE GABLES 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
2019 28 FEB	£305,000	£434,941	30% below HPI
2002 22 MAR	£190,000	£213,529	11% below HPI

THE GABLES 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 THE GABLES sales from March 2002 and February 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 March 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might THE GABLES be worth now?

THE GABLES might now be worth an estimated £364,491.

This is based on house price inflation of 19.5%, between February 2019 and February 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 19.5% inflationary increase is applied to the most recent sale price for THE GABLES of £305,000 on 28th February 2019. For the value to have increased from £305,000 to £364,491 over the six years to February 2025, the following assumptions must hold true:

• The value of THE GABLES has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The February 2019 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of THE GABLES has not materially changed since February 2019.

How Large is THE GABLES?

THE GABLES is 98m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the smallest 30% 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 THE GABLES lies on this distribution: 29% of detached houses houses are smaller than THE GABLES, and 70% of houses are larger. Note that EPC data is not available for all properties in Salisbury.

THE GABLES: Plot and Title Map

THE GABLES sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of THE GABLES, 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 THE GABLES). 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 THE GABLES?

THE GABLES is located on MARSHMEAD CLOSE in CLARENDON, in the SP5 postcode district. The below map shows the position of THE GABLES on MARSHMEAD CLOSE.