2, CHAPEL CLOSE, SOUTHWICK, TROWBRIDGE, BA14 9RY - £175,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 CHAPEL CLOSE is a large detached house of 132m², built sometime from 2007 onwards. It was last sold for £175,000 in December 2008, which was around 39% below the average December 2008 detached price in the Wiltshire local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was B.

2 CHAPEL CLOSE Sold Prices

Land registry data shows two sales for 2 CHAPEL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. Both of the two 2 CHAPEL 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
2008 19 DEC	£175,000	£289,233	39% below HPI
2007 4 APR	£239,950	£314,504	24% below HPI

2 CHAPEL 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 two 2 CHAPEL CLOSE sales from April 2007 and December 2008 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 April 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2008 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 2 CHAPEL CLOSE?

2 CHAPEL CLOSE is 132m² according to the EPC inspection conducted in November 2008. This puts it in the largest 30% of detached houses in Southwick, based on EPC data. The below chart shows the distribution of detached houses by size in Southwick, and where 2 CHAPEL CLOSE lies on this distribution: 72% of detached houses are smaller than 2 CHAPEL CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Southwick.

2 CHAPEL CLOSE: Plot and Title Map

2 CHAPEL CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 2 CHAPEL 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 2 CHAPEL 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 2 CHAPEL CLOSE?

2 CHAPEL CLOSE is located in SOUTHWICK, in the BA14 postcode district. The below map shows the position of No. 2 on CHAPEL CLOSE.