2, FESTIVAL CLOSE, DEVIZES, SN10 5AU - £163,000

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.

2 FESTIVAL CLOSE is a very small flat of 35m², built sometime between 2003 and 2006, which could now be worth an estimated £155,939. It was last sold for £163,000 in March 2023, which was around 1% below the average March 2023 flat price in the Wiltshire local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was C.

2 FESTIVAL CLOSE Sold Prices

Land registry data shows two sales for 2 FESTIVAL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Wiltshire local authority area for the corresponding sale date. One of the two 2 FESTIVAL CLOSE sales was for below the average price, whilst the other was 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
2023 10 MAR	£163,000	£165,384	1% below HPI
2004 1 NOV	£122,500	£121,686	1% above HPI

What might 2 FESTIVAL CLOSE be worth now?

2 FESTIVAL CLOSE might now be worth an estimated £155,939.

This is based on house price deflation of 4.3%, between March 2023 and May 2026, for flats, in the Wiltshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.3% deflationary decrease is applied to the most recent sale price for 2 FESTIVAL CLOSE of £163,000 on 10th March 2023. For the value to have decreased from £163,000 to £155,939 over the two years and ten months to May 2026, the following assumptions must hold true:

• The value of 2 FESTIVAL CLOSE has moved in line with the HPI for flats in the Wiltshire local authority area.
• The March 2023 sale price of £163,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FESTIVAL CLOSE has not materially changed since March 2023.

How Large is 2 FESTIVAL CLOSE?

2 FESTIVAL CLOSE is 35m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of flats in Devizes, based on EPC data. 3% of flats are smaller than 2 FESTIVAL CLOSE, and 96% of flats are larger. Note that EPC data is not available for all properties in Devizes.

2 FESTIVAL CLOSE: Plot

2 FESTIVAL CLOSE sits on a plot of roughly 0.035 of an acre, or 141m².

Where is 2 FESTIVAL CLOSE?

2 FESTIVAL CLOSE is located in DEVIZES, in the SN10 postcode district.