NEW HOUSE, LONDON ROAD, DEVIZES, SN10 2DS - £344,750

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.

NEW HOUSE is a large detached house of 148m², built sometime between 1983 and 1990, which could now be worth an estimated £550,245. It was last sold for £344,750 in June 2012, which was around 6% above the average June 2012 detached price in the Wiltshire local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was C.

NEW HOUSE Sold Prices

Land registry data shows two sales for NEW HOUSE 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 NEW HOUSE 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
2012 1 JUN	£344,750	£324,068	6% above HPI
2000 16 OCT	£249,500	£187,500	33% above HPI

NEW HOUSE 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 NEW HOUSE sales from October 2000 and June 2012 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 October 2000 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the June 2012 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might NEW HOUSE be worth now?

NEW HOUSE might now be worth an estimated £550,245.

This is based on house price inflation of 59.6%, between June 2012 and May 2026, 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 59.6% inflationary increase is applied to the most recent sale price for NEW HOUSE of £344,750 on 1st June 2012. For the value to have increased from £344,750 to £550,245 over the fourteen years and one month to May 2026, the following assumptions must hold true:

• The value of NEW HOUSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The June 2012 sale price of £344,750 represented a fair market value for the property.
• The size, condition, and specification of NEW HOUSE has not materially changed since June 2012.

How Large is NEW HOUSE?

NEW HOUSE is 148m² according to the EPC inspection conducted in June 2011. This puts it in the largest 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 NEW HOUSE lies on this distribution: 73% of detached houses houses are smaller than NEW HOUSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Devizes.

NEW HOUSE: Plot and Title Map

NEW HOUSE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of NEW HOUSE, 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 NEW HOUSE). 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 NEW HOUSE?

NEW HOUSE is located on LONDON ROAD in DEVIZES, in the SN10 postcode district. The below map shows the position of NEW HOUSE on LONDON ROAD.