2, TOWCESTER CLOSE, CHIPPENHAM, SN14 0XX - £235,500

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 TOWCESTER CLOSE is a very small terraced house of 53m², built sometime between 1991 and 1995, which could now be worth an estimated £236,378. It was last sold for £235,500 in August 2022, which was around 10% below the average August 2022 terraced price in the Wiltshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

2 TOWCESTER CLOSE Sold Prices

Land registry data shows four sales for 2 TOWCESTER CLOSE 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 2 TOWCESTER 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
2022 23 AUG	£235,500	£262,281	10% below HPI
2016 3 JUN	£178,000	£198,002	10% below HPI
2007 29 MAY	£152,000	£172,042	12% below HPI
2000 14 JAN	£75,000	£75,450	1% below HPI

2 TOWCESTER CLOSE 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 TOWCESTER CLOSE sales between January 2000 and August 2022 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 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2022 sale, which was also at 10% below the HPI.

What might 2 TOWCESTER CLOSE be worth now?

2 TOWCESTER CLOSE might now be worth an estimated £236,378.

This is based on house price inflation of 0.4%, between August 2022 and May 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 0.4% inflationary increase is applied to the most recent sale price for 2 TOWCESTER CLOSE of £235,500 on 23rd August 2022. For the value to have increased from £235,500 to £236,378 over the four years and three months to May 2026, the following assumptions must hold true:

• The value of 2 TOWCESTER CLOSE has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The August 2022 sale price of £235,500 represented a fair market value for the property.
• The size, condition, and specification of 2 TOWCESTER CLOSE has not materially changed since August 2022.

How Large is 2 TOWCESTER CLOSE?

2 TOWCESTER CLOSE is 53m² according to the EPC inspection conducted in November 2021. 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 2 TOWCESTER CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 2 TOWCESTER CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Chippenham.

2 TOWCESTER CLOSE: Plot and Title Map

2 TOWCESTER CLOSE sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of 2 TOWCESTER 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 2 TOWCESTER 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 2 TOWCESTER CLOSE?

2 TOWCESTER CLOSE is located in CHIPPENHAM, in the SN14 postcode district. The below map shows the position of No. 2 on TOWCESTER CLOSE.