PARSONAGE MEAD, THE SPRING, MARKET LAVINGTON, DEVIZES, SN10 4EB - £1,075,000

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.

PARSONAGE MEAD is a very large extended detached house of 270m², built sometime between 1996 and 2002, which could now be worth an estimated £1,317,467. It was last sold for £1,075,000 in February 2020, which was around 153% above the average February 2020 detached price in the Wiltshire local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was C.

PARSONAGE MEAD Sold Prices

Land registry data shows two sales for PARSONAGE MEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. Both of the two PARSONAGE MEAD sales were for above 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 14 FEB	£1,075,000	£424,118	153% above HPI
2018 17 AUG	£940,000	£436,669	115% above HPI

PARSONAGE MEAD 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 two PARSONAGE MEAD sales from August 2018 and February 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 August 2018 sale was for 115% above the HPI. So the extrapolation line tracks at 115% above the HPI over time, until the February 2020 sale, where it rises to 153% above the HPI. The line then continues to track at 153% above the HPI.

What might PARSONAGE MEAD be worth now?

PARSONAGE MEAD might now be worth an estimated £1,317,467.

This is based on house price inflation of 22.6%, between February 2020 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 22.6% inflationary increase is applied to the most recent sale price for PARSONAGE MEAD of £1,075,000 on 14th February 2020. For the value to have increased from £1,075,000 to £1,317,467 over the five years to February 2025, the following assumptions must hold true:

• The value of PARSONAGE MEAD has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The February 2020 sale price of £1,075,000 represented a fair market value for the property.
• The size, condition, and specification of PARSONAGE MEAD has not materially changed since February 2020.

How Large is PARSONAGE MEAD?

PARSONAGE MEAD is 270m², which includes two extensions, according to the EPC inspection conducted in November 2017. This puts it in the largest 10% of detached houses houses in Market Lavington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Lavington, and where PARSONAGE MEAD lies on this distribution: 97% of detached houses houses are smaller than PARSONAGE MEAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Market Lavington.

PARSONAGE MEAD: Plot and Title Map

PARSONAGE MEAD sits on a plot of roughly 2.9 acres, or 11,683m². The below map shows the location of PARSONAGE MEAD, 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 PARSONAGE MEAD). 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 PARSONAGE MEAD?

PARSONAGE MEAD is located on THE SPRING in MARKET LAVINGTON, in the SN10 postcode district. The below map shows the position of PARSONAGE MEAD on THE SPRING.