2, MONKS WAY, CHIPPENHAM, SN15 3TT - £209,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 MONKS WAY is a small detached house of 88m², built sometime between 1967 and 1975. It was last sold for £209,950 in February 2012, which was around 35% below the average February 2012 detached price in the Wiltshire local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was D.

2 MONKS WAY Sold Prices

Land registry data shows three sales for 2 MONKS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the three 2 MONKS 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
2012 10 FEB	£209,950	£321,753	35% below HPI
2004 5 MAY	£206,000	£280,770	27% below HPI
1999 9 JUL	£108,000	£147,878	27% below HPI

2 MONKS WAY 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 three 2 MONKS WAY sales between July 1999 and February 2012 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 May 2004 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2012 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 2 MONKS WAY be worth now?

2 MONKS WAY might now be worth an estimated £339,126.

This is based on house price inflation of 61.5%, between February 2012 and December 2024, for detached 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 61.5% inflationary increase is applied to the most recent sale price for 2 MONKS WAY of £209,950 on 10th February 2012. For the value to have increased from £209,950 to £339,126 over the eleven years and two months to December 2024, the following assumptions must hold true:

• The value of 2 MONKS WAY has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The February 2012 sale price of £209,950 represented a fair market value for the property.
• The size, condition, and specification of 2 MONKS WAY has not materially changed since February 2012.

How Large is 2 MONKS WAY?

2 MONKS WAY is 88m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 30% 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 2 MONKS WAY lies on this distribution: 20% of detached houses houses are smaller than 2 MONKS WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Chippenham.

2 MONKS WAY: Plot and Title Map

2 MONKS WAY sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of 2 MONKS 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 2 MONKS 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 2 MONKS WAY?

2 MONKS WAY is located in CHIPPENHAM, in the SN15 postcode district. The below map shows the position of No. 2 on MONKS WAY.