48, MONKS WAY, CHIPPENHAM, SN15 3TT - £348,000

48 MONKS WAY is a very large extended detached house of 143m², built sometime between 1983 and 1990. It was last sold for £348,000 in March 2020, which was around 15% below the average March 2020 detached price in the Wiltshire local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

48 MONKS WAY Sold Prices

Land registry data shows three sales for 48 MONKS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the three 48 MONKS WAY 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 5 MAR	£348,000	£410,641	15% below HPI
2011 4 MAR	£235,000	£314,842	25% below HPI
2006 9 MAR	£232,000	£289,799	20% below HPI

48 MONKS WAY 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 three 48 MONKS WAY sales between March 2006 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 March 2011 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2020 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 48 MONKS WAY?

48 MONKS WAY is 143m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the largest 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 48 MONKS WAY lies on this distribution: 80% of detached houses are smaller than 48 MONKS WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Chippenham.

48 MONKS WAY: Plot and Title Map

48 MONKS WAY sits on a plot of roughly 0.082 of an acre, or 334m². The below map shows the location of 48 MONKS WAY, 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 48 MONKS WAY). 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 48 MONKS WAY?

48 MONKS WAY is located in CHIPPENHAM, in the SN15 postcode district. The below map shows the position of No. 48 on MONKS WAY.