22, MARTINS CLOSE, CHIPPENHAM, SN15 3NB - £224,000

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

22 MARTINS CLOSE is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £224,000 in September 2011, which was around 31% below the average September 2011 detached price in the Wiltshire local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

22 MARTINS CLOSE Sold Prices

Land registry data shows two sales for 22 MARTINS 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 22 MARTINS 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
2011 29 SEP	£224,000	£326,627	31% below HPI
2005 15 AUG	£218,000	£297,546	27% below HPI

22 MARTINS 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 22 MARTINS CLOSE sales from August 2005 and September 2011 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 August 2005 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2011 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 22 MARTINS CLOSE be worth now?

22 MARTINS CLOSE might now be worth an estimated £356,421.

This is based on house price inflation of 59.1%, between September 2011 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 59.1% inflationary increase is applied to the most recent sale price for 22 MARTINS CLOSE of £224,000 on 29th September 2011. For the value to have increased from £224,000 to £356,421 over the twelve years and nine months to December 2024, the following assumptions must hold true:

• The value of 22 MARTINS CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The September 2011 sale price of £224,000 represented a fair market value for the property.
• The size, condition, and specification of 22 MARTINS CLOSE has not materially changed since September 2011.

How Large is 22 MARTINS CLOSE?

22 MARTINS CLOSE is 74m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% 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 22 MARTINS CLOSE lies on this distribution: 8% of detached houses houses are smaller than 22 MARTINS CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Chippenham.

22 MARTINS CLOSE: Plot and Title Map

22 MARTINS CLOSE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 22 MARTINS 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 22 MARTINS 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 22 MARTINS CLOSE?

22 MARTINS CLOSE is located in CHIPPENHAM, in the SN15 postcode district. The below map shows the position of No. 22 on MARTINS CLOSE.