9, NEWMARKET CLOSE, CHIPPENHAM, SN14 0FE - £277,500

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

9 NEWMARKET CLOSE is a large extended detached house of 124m², built sometime between 1991 and 1995. It was last sold for £277,500 in June 2010, which was around 14% below the average June 2010 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

9 NEWMARKET CLOSE Sold Prices

Land registry data shows two sales for 9 NEWMARKET 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 9 NEWMARKET 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
2010 22 JUN	£277,500	£321,511	14% below HPI
1996 16 DEC	£105,000	£110,063	5% below HPI

9 NEWMARKET 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 9 NEWMARKET CLOSE sales from December 1996 and June 2010 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 December 1996 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2010 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 9 NEWMARKET CLOSE be worth now?

9 NEWMARKET CLOSE might now be worth an estimated £448,575.

This is based on house price inflation of 61.6%, between June 2010 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 61.6% inflationary increase is applied to the most recent sale price for 9 NEWMARKET CLOSE of £277,500 on 22nd June 2010. For the value to have increased from £277,500 to £448,575 over the thirteen years and six months to December 2024, the following assumptions must hold true:

• The value of 9 NEWMARKET CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The June 2010 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 9 NEWMARKET CLOSE has not materially changed since June 2010.

How Large is 9 NEWMARKET CLOSE?

9 NEWMARKET CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in March 2017. 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 9 NEWMARKET CLOSE lies on this distribution: 64% of detached houses houses are smaller than 9 NEWMARKET CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Chippenham.

9 NEWMARKET CLOSE: Plot and Title Map

9 NEWMARKET CLOSE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 9 NEWMARKET 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 9 NEWMARKET 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 9 NEWMARKET CLOSE?

9 NEWMARKET CLOSE is located in CHIPPENHAM, in the SN14 postcode district. The below map shows the position of No. 9 on NEWMARKET CLOSE.