3, THE QUADRANGLE, CHIPPENHAM, SN15 2BW - £262,000

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.

3 THE QUADRANGLE is a very small semi-detached house of 69m², built sometime before 1900, which could now be worth an estimated £325,286. It was last sold for £262,000 in April 2019, which was about the average April 2019 semi-detached price in the Wiltshire local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

3 THE QUADRANGLE Sold Prices

Land registry data shows four sales for 3 THE QUADRANGLE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Wiltshire local authority area for the corresponding sale date. The four 3 THE QUADRANGLE sales were a mix of roughly equal to the average price, above the average price, and 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
2019 24 APR	£262,000	£261,389	Close to HPI
2017 8 MAR	£255,000	£250,145	2% above HPI
2007 19 MAR	£173,950	£204,201	15% below HPI
1999 11 MAY	£64,680	£83,096	22% below HPI

3 THE QUADRANGLE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wiltshire local authority area over time, sourced from the HPI. The four 3 THE QUADRANGLE sales between May 1999 and April 2019 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 March 2017 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the April 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 3 THE QUADRANGLE be worth now?

3 THE QUADRANGLE might now be worth an estimated £325,286.

This is based on house price inflation of 24.2%, between April 2019 and April 2026, for semi-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 24.2% inflationary increase is applied to the most recent sale price for 3 THE QUADRANGLE of £262,000 on 24th April 2019. For the value to have increased from £262,000 to £325,286 over the seven years to April 2026, the following assumptions must hold true:

• The value of 3 THE QUADRANGLE has moved in line with the HPI for semi-detached houses in the Wiltshire local authority area.
• The April 2019 sale price of £262,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE QUADRANGLE has not materially changed since April 2019.

How Large is 3 THE QUADRANGLE?

3 THE QUADRANGLE is 69m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of semi-detached houses houses in Chippenham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chippenham, and where 3 THE QUADRANGLE lies on this distribution: 5% of semi-detached houses houses are smaller than 3 THE QUADRANGLE, and 95% of houses are larger. Note that EPC data is not available for all properties in Chippenham.

3 THE QUADRANGLE: Plot and Title Map

3 THE QUADRANGLE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 3 THE QUADRANGLE, 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 THE QUADRANGLE). 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 THE QUADRANGLE?

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