15, ERGHUM LANE, DEVIZES, SN10 2GT - £475,000

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.

15 ERGHUM LANE is a midsized detached house of 132m², which could now be worth an estimated £471,388. It was last sold for £475,000 in September 2022, which was around 9% below the average September 2022 detached price in the Wiltshire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was B, and the potential energy rating was A.

15 ERGHUM LANE Sold Prices

Land registry data shows two sales for 15 ERGHUM LANE 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 15 ERGHUM LANE 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 2 SEP	£475,000	£523,761	9% below HPI
2019 6 SEP	£375,000	£434,631	14% below HPI

15 ERGHUM LANE 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 15 ERGHUM LANE sales from September 2019 and September 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 September 2019 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 15 ERGHUM LANE be worth now?

15 ERGHUM LANE might now be worth an estimated £471,388.

This is based on house price deflation of 0.8%, between September 2022 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 0.8% deflationary decrease is applied to the most recent sale price for 15 ERGHUM LANE of £475,000 on 2nd September 2022. For the value to have decreased from £475,000 to £471,388 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 ERGHUM LANE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The September 2022 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ERGHUM LANE has not materially changed since September 2022.

How Large is 15 ERGHUM LANE?

15 ERGHUM LANE is 132m² according to the EPC inspection conducted in July 2019. This puts it in the largest 50% 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 15 ERGHUM LANE lies on this distribution: 55% of detached houses houses are smaller than 15 ERGHUM LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Devizes.

15 ERGHUM LANE: Plot and Title Map

15 ERGHUM LANE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 15 ERGHUM LANE, 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 15 ERGHUM LANE). 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 15 ERGHUM LANE?

15 ERGHUM LANE is located in DEVIZES, in the SN10 postcode district. The below map shows the position of No. 15 on ERGHUM LANE.