1, GLOUCESTER CLOSE, CHIPPENHAM, SN14 0NS - £263,000

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.

1 GLOUCESTER CLOSE is a midsized extended detached house of 110m², built sometime between 1967 and 1975, which could now be worth an estimated £383,625. It was last sold for £263,000 in October 2014, which was around 26% below the average October 2014 detached price in the Wiltshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

1 GLOUCESTER CLOSE Sold Prices

Land registry data shows three sales for 1 GLOUCESTER 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 1 GLOUCESTER 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
2014 30 OCT	£263,000	£354,598	26% below HPI
2005 24 NOV	£217,500	£298,998	27% below HPI
2001 12 JAN	£153,000	£186,591	18% below HPI

1 GLOUCESTER 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 1 GLOUCESTER CLOSE sales between January 2001 and October 2014 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 November 2005 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2014 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 1 GLOUCESTER CLOSE be worth now?

1 GLOUCESTER CLOSE might now be worth an estimated £383,625.

This is based on house price inflation of 45.9%, between October 2014 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 45.9% inflationary increase is applied to the most recent sale price for 1 GLOUCESTER CLOSE of £263,000 on 30th October 2014. For the value to have increased from £263,000 to £383,625 over the twelve years and five months to May 2026, the following assumptions must hold true:

• The value of 1 GLOUCESTER CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The October 2014 sale price of £263,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GLOUCESTER CLOSE has not materially changed since October 2014.

How Large is 1 GLOUCESTER CLOSE?

1 GLOUCESTER CLOSE is 110m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% of detached houses houses in Chippenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chippenham, and where 1 GLOUCESTER CLOSE lies on this distribution: 45% of detached houses houses are smaller than 1 GLOUCESTER CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Chippenham.

1 GLOUCESTER CLOSE: Plot and Title Map

1 GLOUCESTER CLOSE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 1 GLOUCESTER 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 1 GLOUCESTER 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 1 GLOUCESTER CLOSE?

1 GLOUCESTER CLOSE is located in CHIPPENHAM, in the SN14 postcode district. The below map shows the position of No. 1 on GLOUCESTER CLOSE.