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

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

8 REED CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £188,800 in June 2013, which was around 40% 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	£312,673	40% below HPI
2009 20 MAY	£166,000	£275,981	40% below HPI
2003 23 SEP	£135,000	£263,119	49% 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 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2013 sale, which was also at 40% below the HPI.

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 in Devizes, based on EPC data. The below chart shows the distribution of detached houses by size in Devizes, and where 8 REED CLOSE lies on this distribution: 5% of detached 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.