245, LONDON ROAD, CHIPPENHAM, SN15 3AP - £155,000

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

245 LONDON ROAD is a large extended detached house of 136m², built sometime between 1930 and 1949. It was last sold for £155,000 in May 2001, which was around 20% below the average May 2001 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

245 LONDON ROAD Sold Prices

Land registry data shows two sales for 245 LONDON ROAD 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 245 LONDON ROAD 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
2001 16 MAY	£155,000	£193,912	20% below HPI
1996 30 MAY	£85,000	£102,625	17% below HPI

245 LONDON ROAD 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 245 LONDON ROAD sales from May 1996 and May 2001 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 1996 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2001 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 245 LONDON ROAD be worth now?

245 LONDON ROAD might now be worth an estimated £415,427.

This is based on house price inflation of 168%, between May 2001 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 168% inflationary increase is applied to the most recent sale price for 245 LONDON ROAD of £155,000 on 16th May 2001. For the value to have increased from £155,000 to £415,427 over the 22 years and five months to December 2024, the following assumptions must hold true:

• The value of 245 LONDON ROAD has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The May 2001 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 245 LONDON ROAD has not materially changed since May 2001.

How Large is 245 LONDON ROAD?

245 LONDON ROAD is 136m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the largest 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 245 LONDON ROAD lies on this distribution: 74% of detached houses houses are smaller than 245 LONDON ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Chippenham.

245 LONDON ROAD: Plot and Title Map

245 LONDON ROAD sits on a plot of roughly 0.166 of an acre, or 671m². The below map shows the location of 245 LONDON ROAD, 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 245 LONDON ROAD). 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 245 LONDON ROAD?

245 LONDON ROAD is located in CHIPPENHAM, in the SN15 postcode district. The below map shows the position of No. 245 on LONDON ROAD.