2, CHAPEL PATH, COLERNE, CHIPPENHAM, SN14 8DL - £245,000

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 CHAPEL PATH is a very small extended terraced house of 46m², built sometime before 1900, which could now be worth an estimated £304,512. It was last sold for £245,000 in March 2020, which was around 16% above the average March 2020 terraced price in the Wiltshire local authority area. The most recent EPC inspection was August 2023, where the current energy rating was E, and the potential energy rating was B.

2 CHAPEL PATH Sold Prices

Land registry data shows four sales for 2 CHAPEL PATH 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. Most of the four 2 CHAPEL PATH 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 18 MAR	£245,000	£210,936	16% above HPI
2018 1 JUN	£180,000	£216,205	17% below HPI
2005 1 DEC	£137,000	£153,370	11% below HPI
2004 27 AUG	£112,000	£147,313	24% below HPI

2 CHAPEL PATH 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 2 CHAPEL PATH sales between August 2004 and March 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 June 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2020 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 2 CHAPEL PATH be worth now?

2 CHAPEL PATH might now be worth an estimated £304,512.

This is based on house price inflation of 24.3%, between March 2020 and April 2026, 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 24.3% inflationary increase is applied to the most recent sale price for 2 CHAPEL PATH of £245,000 on 18th March 2020. For the value to have increased from £245,000 to £304,512 over the five years and eleven months to April 2026, the following assumptions must hold true:

• The value of 2 CHAPEL PATH has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The March 2020 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHAPEL PATH has not materially changed since March 2020.

How Large is 2 CHAPEL PATH?

2 CHAPEL PATH is 46m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% of terraced houses houses in Colerne, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Colerne, and where 2 CHAPEL PATH lies on this distribution: Less than 1% of terraced houses houses are smaller than 2 CHAPEL PATH, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Colerne.

2 CHAPEL PATH: Plot and Title Map

2 CHAPEL PATH sits on a plot of roughly 0.011 of an acre, or 44m². The below map shows the location of 2 CHAPEL PATH, 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 2 CHAPEL PATH). 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 2 CHAPEL PATH?

2 CHAPEL PATH is located in COLERNE, in the SN14 postcode district. The below map shows the position of No. 2 on CHAPEL PATH.