15, THARP WAY, CHIPPENHAM, ELY, CB7 5QG - £305,000

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.

15 THARP WAY is a very small detached house of 109m², built sometime between 1976 and 1982, which could now be worth an estimated £369,101. It was last sold for £305,000 in June 2021, which was around 26% below the average June 2021 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

15 THARP WAY Sold Prices

Land registry data shows two sales for 15 THARP WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. Both of the two 15 THARP 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
2021 25 JUN	£305,000	£410,828	26% below HPI
2014 29 JAN	£200,000	£278,963	28% below HPI

15 THARP WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The two 15 THARP WAY sales from January 2014 and June 2021 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 January 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 15 THARP WAY be worth now?

15 THARP WAY might now be worth an estimated £369,101.

This is based on house price inflation of 21%, between June 2021 and February 2025, for detached houses, in the East Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21% inflationary increase is applied to the most recent sale price for 15 THARP WAY of £305,000 on 25th June 2021. For the value to have increased from £305,000 to £369,101 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 15 THARP WAY has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The June 2021 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THARP WAY has not materially changed since June 2021.

How Large is 15 THARP WAY?

15 THARP WAY is 109m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of detached houses houses in Chippenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chippenham, and where 15 THARP WAY lies on this distribution: 16% of detached houses houses are smaller than 15 THARP WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Chippenham.

15 THARP WAY: Plot and Title Map

15 THARP WAY sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 15 THARP 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 15 THARP 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 15 THARP WAY?

15 THARP WAY is located in CHIPPENHAM, in the CB7 postcode district. The below map shows the position of No. 15 on THARP WAY.