3, BRIGHT CLOSE, CHIPPENHAM, SN15 3PU - £305,000

3 BRIGHT CLOSE is a very small semi-detached house of 80m², built sometime between 1983 and 1990. It was last sold for £305,000 in December 2022, which was around 39% below the average December 2022 detached price in the Wiltshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

3 BRIGHT CLOSE Sold Prices

Land registry data shows five sales for 3 BRIGHT CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the five 3 BRIGHT 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 2 DEC	£305,000	£503,649	39% below HPI
2017 31 MAY	£235,000	£392,694	40% below HPI
2016 26 AUG	£187,000	£389,788	52% below HPI
2001 25 JUN	£94,000	£190,413	51% below HPI
1996 15 NOV	£54,600	£104,896	48% below HPI

3 BRIGHT 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 five 3 BRIGHT CLOSE sales between November 1996 and December 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 May 2017 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2022 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 3 BRIGHT CLOSE?

3 BRIGHT CLOSE is 80m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of detached houses in Chippenham, based on EPC data. The below chart shows the distribution of detached houses by size in Chippenham, and where 3 BRIGHT CLOSE lies on this distribution: 12% of detached houses are smaller than 3 BRIGHT CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Chippenham.

3 BRIGHT CLOSE: Plot and Title Map

3 BRIGHT CLOSE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 3 BRIGHT 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 3 BRIGHT 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 3 BRIGHT CLOSE?

3 BRIGHT CLOSE is located in CHIPPENHAM, in the SN15 postcode district. The below map shows the position of No. 3 on BRIGHT CLOSE.