2, SOUTHWELL CLOSE, CHIPPENHAM, SN14 0ST - £285,000

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 SOUTHWELL CLOSE is a large detached house of 122m², built sometime between 1991 and 1995. It was last sold for £285,000 in March 2014, which was around 14% below the average March 2014 detached price in the Wiltshire local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was D.

2 SOUTHWELL CLOSE Sold Prices

Land registry data shows four sales for 2 SOUTHWELL 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 2 SOUTHWELL 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
2014 19 MAR	£285,000	£330,211	14% below HPI
2010 12 MAR	£275,000	£318,612	14% below HPI
2007 31 JUL	£279,950	£336,060	17% below HPI
2004 14 JAN	£223,000	£273,213	18% below HPI

2 SOUTHWELL 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 2 SOUTHWELL CLOSE sales between January 2004 and March 2014 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 March 2010 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2014 sale, which was also at 14% below the HPI.

What might 2 SOUTHWELL CLOSE be worth now?

2 SOUTHWELL CLOSE might now be worth an estimated £448,561.

This is based on house price inflation of 57.4%, between March 2014 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 57.4% inflationary increase is applied to the most recent sale price for 2 SOUTHWELL CLOSE of £285,000 on 19th March 2014. For the value to have increased from £285,000 to £448,561 over the nine years and three months to December 2024, the following assumptions must hold true:

• The value of 2 SOUTHWELL CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The March 2014 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SOUTHWELL CLOSE has not materially changed since March 2014.

How Large is 2 SOUTHWELL CLOSE?

2 SOUTHWELL CLOSE is 122m² according to the EPC inspection conducted in January 2010. This puts it in the largest 40% 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 SOUTHWELL CLOSE lies on this distribution: 60% of detached houses houses are smaller than 2 SOUTHWELL CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Chippenham.

2 SOUTHWELL CLOSE: Plot and Title Map

2 SOUTHWELL CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 2 SOUTHWELL 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 SOUTHWELL 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 SOUTHWELL CLOSE?

2 SOUTHWELL CLOSE is located in CHIPPENHAM, in the SN14 postcode district. The below map shows the position of No. 2 on SOUTHWELL CLOSE.