40, DRAKE CRESCENT, CHIPPENHAM, SN14 0XH - £360,000

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

40 DRAKE CRESCENT is a midsized detached house of 120m², built sometime between 1991 and 1995. It was last sold for £360,000 in July 2015, which was around 1% below the average July 2015 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

40 DRAKE CRESCENT Sold Prices

Land registry data shows three sales for 40 DRAKE CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. Two of the three 40 DRAKE CRESCENT sales were for below the average price, whilst one was for above 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
2015 29 JUL	£360,000	£363,507	1% below HPI
2012 8 AUG	£300,000	£326,514	8% below HPI
1999 4 MAR	£147,000	£140,782	4% above HPI

40 DRAKE CRESCENT 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 three 40 DRAKE CRESCENT sales between March 1999 and July 2015 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 2012 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2015 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 40 DRAKE CRESCENT be worth now?

40 DRAKE CRESCENT might now be worth an estimated £514,704.

This is based on house price inflation of 43%, between July 2015 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 43% inflationary increase is applied to the most recent sale price for 40 DRAKE CRESCENT of £360,000 on 29th July 2015. For the value to have increased from £360,000 to £514,704 over the eight years and seven months to December 2024, the following assumptions must hold true:

• The value of 40 DRAKE CRESCENT has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The July 2015 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 40 DRAKE CRESCENT has not materially changed since July 2015.

How Large is 40 DRAKE CRESCENT?

40 DRAKE CRESCENT is 120m² according to the EPC inspection conducted in March 2015. This puts it in the largest 50% 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 40 DRAKE CRESCENT lies on this distribution: 58% of detached houses houses are smaller than 40 DRAKE CRESCENT, and 41% of houses are larger. Note that EPC data is not available for all properties in Chippenham.

40 DRAKE CRESCENT: Plot and Title Map

40 DRAKE CRESCENT sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 40 DRAKE CRESCENT, 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 40 DRAKE CRESCENT). 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 40 DRAKE CRESCENT?

40 DRAKE CRESCENT is located in CHIPPENHAM, in the SN14 postcode district. The below map shows the position of No. 40 on DRAKE CRESCENT.