7, FESTIVAL CLOSE, DEVIZES, SN10 5AU - £225,000

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

7 FESTIVAL CLOSE is a small detached house of 97m², built sometime between 2003 and 2006, which could now be worth an estimated £255,687. It was last sold for £225,000 in December 2020, which was around 51% below the average December 2020 detached price in the Wiltshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

7 FESTIVAL CLOSE Sold Prices

Land registry data shows four sales for 7 FESTIVAL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the four 7 FESTIVAL 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 11 DEC	£225,000	£457,342	51% below HPI
2013 6 FEB	£155,000	£317,182	51% below HPI
2011 13 APR	£162,000	£318,173	49% below HPI
2005 20 MAY	£155,000	£289,704	46% below HPI

7 FESTIVAL 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 four 7 FESTIVAL CLOSE sales between May 2005 and December 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 February 2013 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the December 2020 sale, which was also at 51% below the HPI.

What might 7 FESTIVAL CLOSE be worth now?

7 FESTIVAL CLOSE might now be worth an estimated £255,687.

This is based on house price inflation of 13.6%, between December 2020 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 13.6% inflationary increase is applied to the most recent sale price for 7 FESTIVAL CLOSE of £225,000 on 11th December 2020. For the value to have increased from £225,000 to £255,687 over the four years to December 2024, the following assumptions must hold true:

• The value of 7 FESTIVAL CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The December 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FESTIVAL CLOSE has not materially changed since December 2020.

How Large is 7 FESTIVAL CLOSE?

7 FESTIVAL CLOSE is 97m² according to the EPC inspection conducted in January 2020. 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 7 FESTIVAL CLOSE lies on this distribution: 23% of detached houses houses are smaller than 7 FESTIVAL CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Devizes.

7 FESTIVAL CLOSE: Plot and Title Map

7 FESTIVAL CLOSE sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of 7 FESTIVAL 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 7 FESTIVAL 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 7 FESTIVAL CLOSE?

7 FESTIVAL CLOSE is located in DEVIZES, in the SN10 postcode district. The below map shows the position of No. 7 on FESTIVAL CLOSE.