8, PAYNE CLOSE, CHIPPENHAM, SN15 3FX - £185,000

8 PAYNE CLOSE is a very small extended detached house of 83m², built sometime between 1983 and 1990. It was last sold for £185,000 in April 2005, which was around 34% below the average April 2005 detached price in the Wiltshire local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

8 PAYNE CLOSE Sold Prices

Land registry data shows four sales for 8 PAYNE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the four 8 PAYNE 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
2005 15 APR	£185,000	£279,661	34% below HPI
2003 14 NOV	£184,000	£265,495	31% below HPI
2002 16 AUG	£163,000	£234,678	31% below HPI
1998 9 APR	£81,000	£123,408	34% below HPI

8 PAYNE 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 four 8 PAYNE CLOSE sales between April 1998 and April 2005 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 2003 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2005 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 8 PAYNE CLOSE?

8 PAYNE CLOSE is 83m², which includes two extensions, according to the EPC inspection conducted in April 2022. 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 8 PAYNE CLOSE lies on this distribution: 15% of detached houses are smaller than 8 PAYNE CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Chippenham.

8 PAYNE CLOSE: Plot and Title Map

8 PAYNE CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 8 PAYNE 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 8 PAYNE 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 8 PAYNE CLOSE?

8 PAYNE CLOSE is located in CHIPPENHAM, in the SN15 postcode district. The below map shows the position of No. 8 on PAYNE CLOSE.