8, PENNY LANE, CHIPPENHAM, SN15 3SS - £153,950

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

8 PENNY LANE is a very small semi-detached house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £246,771. It was last sold for £153,950 in May 2014, which was around 25% below the average May 2014 semi-detached price in the Wiltshire local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

8 PENNY LANE Sold Prices

Land registry data shows three sales for 8 PENNY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wiltshire local authority area for the corresponding sale date. All of the three 8 PENNY LANE 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
2014 16 MAY	£153,950	£205,628	25% below HPI
2006 26 SEP	£134,000	£199,464	33% below HPI
1997 19 DEC	£47,500	£71,791	34% below HPI

8 PENNY LANE 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 three 8 PENNY LANE sales between December 1997 and May 2014 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 September 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2014 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 8 PENNY LANE be worth now?

8 PENNY LANE might now be worth an estimated £246,771.

This is based on house price inflation of 60.3%, between May 2014 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 60.3% inflationary increase is applied to the most recent sale price for 8 PENNY LANE of £153,950 on 16th May 2014. For the value to have increased from £153,950 to £246,771 over the nine years and five months to December 2024, the following assumptions must hold true:

• The value of 8 PENNY LANE has moved in line with the HPI for semi-detached houses in the Wiltshire local authority area.
• The May 2014 sale price of £153,950 represented a fair market value for the property.
• The size, condition, and specification of 8 PENNY LANE has not materially changed since May 2014.

How Large is 8 PENNY LANE?

8 PENNY LANE is 56m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 10% 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 8 PENNY LANE lies on this distribution: 1% of semi-detached houses houses are smaller than 8 PENNY LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chippenham.

8 PENNY LANE: Plot and Title Map

8 PENNY LANE sits on a plot of roughly 0.030 of an acre, or 123m². The below map shows the location of 8 PENNY LANE, 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 8 PENNY LANE). 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 8 PENNY LANE?

8 PENNY LANE is located in CHIPPENHAM, in the SN15 postcode district. The below map shows the position of No. 8 on PENNY LANE.