6, BRIGHT CLOSE, CHIPPENHAM, SN15 3PU - £230,500

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.

6 BRIGHT CLOSE is a very small terraced house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £241,169. It was last sold for £230,500 in May 2022, which was around 8% below the average May 2022 terraced price in the Wiltshire local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

6 BRIGHT CLOSE Sold Prices

Land registry data shows three sales for 6 BRIGHT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Wiltshire local authority area for the corresponding sale date. All of the three 6 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 23 MAY	£230,500	£250,576	8% below HPI
2000 20 OCT	£75,500	£83,601	10% below HPI
2000 25 FEB	£66,850	£76,378	12% below HPI

6 BRIGHT 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 three 6 BRIGHT CLOSE sales between February 2000 and May 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 October 2000 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 6 BRIGHT CLOSE be worth now?

6 BRIGHT CLOSE might now be worth an estimated £241,169.

This is based on house price inflation of 4.6%, between May 2022 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 4.6% inflationary increase is applied to the most recent sale price for 6 BRIGHT CLOSE of £230,500 on 23rd May 2022. For the value to have increased from £230,500 to £241,169 over the four years and one month to April 2026, the following assumptions must hold true:

• The value of 6 BRIGHT CLOSE has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The May 2022 sale price of £230,500 represented a fair market value for the property.
• The size, condition, and specification of 6 BRIGHT CLOSE has not materially changed since May 2022.

How Large is 6 BRIGHT CLOSE?

6 BRIGHT CLOSE is 64m² according to the EPC inspection conducted in April 2013. 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 6 BRIGHT CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 6 BRIGHT CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Chippenham.

6 BRIGHT CLOSE: Plot and Title Map

6 BRIGHT CLOSE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 6 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 6 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 6 BRIGHT CLOSE?

6 BRIGHT CLOSE is located in CHIPPENHAM, in the SN15 postcode district. The below map shows the position of No. 6 on BRIGHT CLOSE.