3, REED CLOSE, DEVIZES, SN10 3BE - £178,000

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 REED CLOSE is a very small terraced house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £208,942. It was last sold for £178,000 in October 2020, which was around 19% below the average October 2020 terraced price in the Wiltshire local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

3 REED CLOSE Sold Prices

Land registry data shows six sales for 3 REED CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Wiltshire local authority area for the corresponding sale date. All of the six 3 REED 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
2020 26 OCT	£178,000	£220,966	19% below HPI
2017 23 OCT	£172,500	£214,201	19% below HPI
2014 23 MAY	£126,000	£169,791	26% below HPI
2005 24 NOV	£130,000	£153,090	15% below HPI
2003 25 JUL	£113,500	£125,068	9% below HPI
1999 4 JUN	£59,500	£67,008	11% below HPI

3 REED CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wiltshire local authority area over time, sourced from the HPI. The six 3 REED CLOSE sales between June 1999 and October 2020 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 October 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2020 sale, which was also at 19% below the HPI.

What might 3 REED CLOSE be worth now?

3 REED CLOSE might now be worth an estimated £208,942.

This is based on house price inflation of 17.4%, between October 2020 and July 2025, for terraced 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 17.4% inflationary increase is applied to the most recent sale price for 3 REED CLOSE of £178,000 on 26th October 2020. For the value to have increased from £178,000 to £208,942 over the five years and three months to July 2025, the following assumptions must hold true:

• The value of 3 REED CLOSE has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The October 2020 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 3 REED CLOSE has not materially changed since October 2020.

How Large is 3 REED CLOSE?

3 REED CLOSE is 55m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 10% of terraced houses houses in Devizes, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Devizes, and where 3 REED CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 3 REED CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Devizes.

3 REED CLOSE: Plot and Title Map

3 REED CLOSE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 3 REED 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 3 REED 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 3 REED CLOSE?

3 REED CLOSE is located in DEVIZES, in the SN10 postcode district. The below map shows the position of No. 3 on REED CLOSE.