3, BRIGHT CLOSE, CHIPPENHAM, SN15 3PU - £305,000

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

3 BRIGHT CLOSE is a very small semi-detached house of 80m², built sometime between 1983 and 1990. It was last sold for £305,000 in December 2022, which was around 4% below the average December 2022 semi-detached price in the Wiltshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

3 BRIGHT CLOSE Sold Prices

Land registry data shows five sales for 3 BRIGHT CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Wiltshire local authority area for the corresponding sale date. All of the five 3 BRIGHT 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
2022 2 DEC	£305,000	£319,194	4% below HPI
2017 31 MAY	£235,000	£249,102	6% below HPI
2016 26 AUG	£187,000	£247,813	25% below HPI
2001 25 JUN	£94,000	£113,420	17% below HPI
1996 15 NOV	£54,600	£63,292	14% below HPI

3 BRIGHT CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wiltshire local authority area over time, sourced from the HPI. The five 3 BRIGHT CLOSE sales between November 1996 and December 2022 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 2017 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 3 BRIGHT CLOSE be worth now?

3 BRIGHT CLOSE might now be worth an estimated £314,950.

This is based on house price inflation of 3.3%, between December 2022 and December 2024, for semi-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 3.3% inflationary increase is applied to the most recent sale price for 3 BRIGHT CLOSE of £305,000 on 2nd December 2022. For the value to have increased from £305,000 to £314,950 over the two years to December 2024, the following assumptions must hold true:

• The value of 3 BRIGHT CLOSE has moved in line with the HPI for semi-detached houses in the Wiltshire local authority area.
• The December 2022 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BRIGHT CLOSE has not materially changed since December 2022.

How Large is 3 BRIGHT CLOSE?

3 BRIGHT CLOSE is 80m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of semi-detached houses houses in Chippenham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chippenham, and where 3 BRIGHT CLOSE lies on this distribution: 12% of semi-detached houses houses are smaller than 3 BRIGHT CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Chippenham.

3 BRIGHT CLOSE: Plot and Title Map

3 BRIGHT CLOSE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 3 BRIGHT 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 3 BRIGHT 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 3 BRIGHT CLOSE?

3 BRIGHT CLOSE is located in CHIPPENHAM, in the SN15 postcode district. The below map shows the position of No. 3 on BRIGHT CLOSE.