1, RICHMOND CLOSE, DEVIZES, SN10 2RR - £267,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 RICHMOND CLOSE is a very small detached house of 87m², built sometime between 1991 and 1995, which could now be worth an estimated £350,533. It was last sold for £267,500 in July 2016, which was around 33% below the average July 2016 detached price in the Wiltshire local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

1 RICHMOND CLOSE Sold Prices

Land registry data shows two sales for 1 RICHMOND CLOSE 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 1 RICHMOND 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
2016 21 JUL	£267,500	£396,609	33% below HPI
2011 2 AUG	£185,000	£324,959	43% below HPI

1 RICHMOND CLOSE 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 1 RICHMOND CLOSE sales from August 2011 and July 2016 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 August 2011 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the July 2016 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 1 RICHMOND CLOSE be worth now?

1 RICHMOND CLOSE might now be worth an estimated £350,533.

This is based on house price inflation of 31%, between July 2016 and December 2024, 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 31% inflationary increase is applied to the most recent sale price for 1 RICHMOND CLOSE of £267,500 on 21st July 2016. For the value to have increased from £267,500 to £350,533 over the seven years and seven months to December 2024, the following assumptions must hold true:

• The value of 1 RICHMOND CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The July 2016 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 1 RICHMOND CLOSE has not materially changed since July 2016.

How Large is 1 RICHMOND CLOSE?

1 RICHMOND CLOSE is 87m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 20% of detached houses houses in Devizes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Devizes, and where 1 RICHMOND CLOSE lies on this distribution: 13% of detached houses houses are smaller than 1 RICHMOND CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Devizes.

1 RICHMOND CLOSE: Plot and Title Map

1 RICHMOND CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 1 RICHMOND CLOSE, 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 1 RICHMOND CLOSE). 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 1 RICHMOND CLOSE?

1 RICHMOND CLOSE is located in DEVIZES, in the SN10 postcode district. The below map shows the position of No. 1 on RICHMOND CLOSE.