8, REED CLOSE, DEVIZES, SN10 3BE - £188,800

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

8 REED CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £303,288. It was last sold for £188,800 in June 2013, which was around 42% below the average June 2013 detached price in the Wiltshire local authority area. The most recent EPC inspection was November 2008, where the current energy rating was E, and the potential energy rating was E.

8 REED CLOSE Sold Prices

Land registry data shows three sales for 8 REED CLOSE since 1^st 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 8 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
2013 26 JUN	£188,800	£323,567	42% below HPI
2009 20 MAY	£166,000	£285,597	42% below HPI
2003 23 SEP	£135,000	£272,287	50% below HPI

8 REED 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 three 8 REED CLOSE sales between September 2003 and June 2013 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 May 2009 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 2013 sale, which was also at 42% below the HPI.

What might 8 REED CLOSE be worth now?

8 REED CLOSE might now be worth an estimated £303,288.

This is based on house price inflation of 60.6%, between June 2013 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 60.6% inflationary increase is applied to the most recent sale price for 8 REED CLOSE of £188,800 on 26th June 2013. For the value to have increased from £188,800 to £303,288 over the twelve years and four months to February 2025, the following assumptions must hold true:

• The value of 8 REED CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The June 2013 sale price of £188,800 represented a fair market value for the property.
• The size, condition, and specification of 8 REED CLOSE has not materially changed since June 2013.

How Large is 8 REED CLOSE?

8 REED CLOSE is 74m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 10% 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 8 REED CLOSE lies on this distribution: 5% of detached houses houses are smaller than 8 REED CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Devizes.

8 REED CLOSE: Plot and Title Map

8 REED CLOSE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 8 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 8 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 8 REED CLOSE?

8 REED CLOSE is located in DEVIZES, in the SN10 postcode district. The below map shows the position of No. 8 on REED CLOSE.