Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
3 WILLIS CLOSE is a small extended detached house of 100m², built sometime between 1976 and 1982. It was last sold for £282,000 in July 2022, which was around 42% below the average July 2022 detached price in the Wiltshire local authority area. The most recent EPC inspection was January 2024, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 3 WILLIS CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the three 3 WILLIS 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 |
---|---|---|---|
2022 1 JUL | £282,000 | £489,539 | 42% below HPI |
2020 11 DEC | £240,000 | £441,944 | 46% below HPI |
2020 19 MAR | £227,000 | £410,641 | 45% below HPI |
The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The three 3 WILLIS CLOSE sales between March 2020 and July 2022 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 December 2020 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the July 2022 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.
3 WILLIS CLOSE is 100m², which includes two extensions, according to the EPC inspection conducted in January 2024. This puts it in the smallest 30% of detached houses in Great Bedwyn, based on EPC data. The below chart shows the distribution of detached houses by size in Great Bedwyn, and where 3 WILLIS CLOSE lies on this distribution: 29% of detached houses are smaller than 3 WILLIS CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Great Bedwyn.
3 WILLIS CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 3 WILLIS 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 WILLIS 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.
3 WILLIS CLOSE is located in GREAT BEDWYN, in the SN8 postcode district. The below map shows the position of No. 3 on WILLIS CLOSE.