18, CHELTENHAM DRIVE, CHIPPENHAM, SN14 0SE - £190,000

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.

18 CHELTENHAM DRIVE is a very small terraced house of 55m², built sometime between 1991 and 1995, which could now be worth an estimated £231,315. It was last sold for £190,000 in April 2020, which was around 11% below the average April 2020 terraced price in the Wiltshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

18 CHELTENHAM DRIVE Sold Prices

Land registry data shows four sales for 18 CHELTENHAM DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Wiltshire local authority area for the corresponding sale date. All of the four 18 CHELTENHAM DRIVE 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
2020 1 APR	£190,000	£213,050	11% below HPI
2017 27 OCT	£186,000	£214,201	13% below HPI
2004 27 AUG	£130,000	£147,313	12% below HPI
2000 27 SEP	£82,000	£83,221	1% below HPI

18 CHELTENHAM DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wiltshire local authority area over time, sourced from the HPI. The four 18 CHELTENHAM DRIVE sales between September 2000 and April 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 October 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 18 CHELTENHAM DRIVE be worth now?

18 CHELTENHAM DRIVE might now be worth an estimated £231,315.

This is based on house price inflation of 21.7%, between April 2020 and July 2025, for terraced 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 21.7% inflationary increase is applied to the most recent sale price for 18 CHELTENHAM DRIVE of £190,000 on 1st April 2020. For the value to have increased from £190,000 to £231,315 over the four years and nine months to July 2025, the following assumptions must hold true:

• The value of 18 CHELTENHAM DRIVE has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The April 2020 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CHELTENHAM DRIVE has not materially changed since April 2020.

How Large is 18 CHELTENHAM DRIVE?

18 CHELTENHAM DRIVE is 55m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of terraced houses houses in Chippenham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chippenham, and where 18 CHELTENHAM DRIVE lies on this distribution: 1% of terraced houses houses are smaller than 18 CHELTENHAM DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chippenham.

18 CHELTENHAM DRIVE: Plot and Title Map

18 CHELTENHAM DRIVE sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 18 CHELTENHAM DRIVE, 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 18 CHELTENHAM DRIVE). 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 18 CHELTENHAM DRIVE?

18 CHELTENHAM DRIVE is located in CHIPPENHAM, in the SN14 postcode district. The below map shows the position of No. 18 on CHELTENHAM DRIVE.