9, THE ORCHIDS, CHIPPENHAM, SN15 1FD - £340,000

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.

9 THE ORCHIDS is a midsized extended terraced house of 116m², built sometime between 2003 and 2006, which could now be worth an estimated £410,011. It was last sold for £340,000 in November 2018, which was around 56% above the average November 2018 terraced price in the Wiltshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

9 THE ORCHIDS Sold Prices

Land registry data shows two sales for 9 THE ORCHIDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Wiltshire local authority area for the corresponding sale date. Both of the two 9 THE ORCHIDS sales were for above 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
2018 16 NOV	£340,000	£217,407	56% above HPI
2006 24 NOV	£235,000	£165,501	42% above HPI

9 THE ORCHIDS 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 two 9 THE ORCHIDS sales from November 2006 and November 2018 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 November 2006 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the November 2018 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 9 THE ORCHIDS be worth now?

9 THE ORCHIDS might now be worth an estimated £410,011.

This is based on house price inflation of 20.6%, between November 2018 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 20.6% inflationary increase is applied to the most recent sale price for 9 THE ORCHIDS of £340,000 on 16th November 2018. For the value to have increased from £340,000 to £410,011 over the eight years and seven months to April 2026, the following assumptions must hold true:

• The value of 9 THE ORCHIDS has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The November 2018 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 9 THE ORCHIDS has not materially changed since November 2018.

How Large is 9 THE ORCHIDS?

9 THE ORCHIDS is 116m², which includes three extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 50% 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 9 THE ORCHIDS lies on this distribution: 53% of terraced houses houses are smaller than 9 THE ORCHIDS, and 45% of houses are larger. Note that EPC data is not available for all properties in Chippenham.

9 THE ORCHIDS: Plot and Title Map

9 THE ORCHIDS sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 9 THE ORCHIDS, 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 9 THE ORCHIDS). 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 9 THE ORCHIDS?

9 THE ORCHIDS is located in CHIPPENHAM, in the SN15 postcode district. The below map shows the position of No. 9 on THE ORCHIDS.