3, RICHMOND CLOSE, DEVIZES, SN10 2RR - £295,000

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 RICHMOND CLOSE is a small extended detached house of 98m², built sometime between 1983 and 1990, which could now be worth an estimated £391,870. It was last sold for £295,000 in June 2016, which was around 25% below the average June 2016 detached price in the Wiltshire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

3 RICHMOND CLOSE Sold Prices

Land registry data shows five sales for 3 RICHMOND CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the five 3 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 24 JUN	£295,000	£391,289	25% below HPI
2014 18 JUL	£249,950	£336,345	26% below HPI
2007 9 FEB	£230,000	£325,072	29% below HPI
1996 9 FEB	£78,500	£99,988	21% below HPI
1995 12 JUN	£84,300	£101,620	17% below HPI

3 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 five 3 RICHMOND CLOSE sales between June 1995 and June 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 July 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2016 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 3 RICHMOND CLOSE be worth now?

3 RICHMOND CLOSE might now be worth an estimated £391,870.

This is based on house price inflation of 32.8%, between June 2016 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 32.8% inflationary increase is applied to the most recent sale price for 3 RICHMOND CLOSE of £295,000 on 24th June 2016. For the value to have increased from £295,000 to £391,870 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 3 RICHMOND CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The June 2016 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RICHMOND CLOSE has not materially changed since June 2016.

How Large is 3 RICHMOND CLOSE?

3 RICHMOND CLOSE is 98m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% 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 3 RICHMOND CLOSE lies on this distribution: 24% of detached houses houses are smaller than 3 RICHMOND CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Devizes.

3 RICHMOND CLOSE: Plot and Title Map

3 RICHMOND CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 3 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 3 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 3 RICHMOND CLOSE?

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