24, BISHOP CLOSE, CHIPPENHAM, SN15 3FJ - £340,000

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

24 BISHOP CLOSE is a large extended detached house of 124m², built sometime between 1983 and 1990. It was last sold for £340,000 in July 2016, which was around 14% below the average July 2016 detached price in the Wiltshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

24 BISHOP CLOSE Sold Prices

Land registry data shows two sales for 24 BISHOP 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 24 BISHOP 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
2016 19 JUL	£340,000	£396,609	14% below HPI
1997 21 AUG	£105,000	£118,997	12% below HPI

24 BISHOP 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 24 BISHOP CLOSE sales from August 1997 and July 2016 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 1997 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 24 BISHOP CLOSE be worth now?

24 BISHOP CLOSE might now be worth an estimated £445,537.

This is based on house price inflation of 31%, between July 2016 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 31% inflationary increase is applied to the most recent sale price for 24 BISHOP CLOSE of £340,000 on 19th July 2016. For the value to have increased from £340,000 to £445,537 over the seven years and seven months to December 2024, the following assumptions must hold true:

• The value of 24 BISHOP CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The July 2016 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 24 BISHOP CLOSE has not materially changed since July 2016.

How Large is 24 BISHOP CLOSE?

24 BISHOP CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in February 2016. 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 24 BISHOP CLOSE lies on this distribution: 64% of detached houses houses are smaller than 24 BISHOP CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Chippenham.

24 BISHOP CLOSE: Plot and Title Map

24 BISHOP CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 24 BISHOP 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 24 BISHOP 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 24 BISHOP CLOSE?

24 BISHOP CLOSE is located in CHIPPENHAM, in the SN15 postcode district. The below map shows the position of No. 24 on BISHOP CLOSE.