FORGE MILL BUNGALOW, LITTLE SOMERFORD, CHIPPENHAM, SN15 5JW - £695,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FORGE MILL BUNGALOW is a midsized detached house of 136m², built sometime between 1976 and 1982, which could now be worth an estimated £810,704. It was last sold for £695,000 in April 2021, which was around 56% above the average April 2021 detached price in the Wiltshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

FORGE MILL BUNGALOW Sold Prices

Land registry data shows three sales for FORGE MILL BUNGALOW 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. All of the three FORGE MILL BUNGALOW sales were 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
2021 9 APR	£695,000	£445,595	56% above HPI
2013 8 FEB	£440,000	£317,182	39% above HPI
2002 7 JUN	£340,000	£227,790	49% above HPI

FORGE MILL BUNGALOW 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 FORGE MILL BUNGALOW sales between June 2002 and April 2021 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 February 2013 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the April 2021 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might FORGE MILL BUNGALOW be worth now?

FORGE MILL BUNGALOW might now be worth an estimated £810,704.

This is based on house price inflation of 16.6%, between April 2021 and February 2025, 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 16.6% inflationary increase is applied to the most recent sale price for FORGE MILL BUNGALOW of £695,000 on 9th April 2021. For the value to have increased from £695,000 to £810,704 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of FORGE MILL BUNGALOW has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The April 2021 sale price of £695,000 represented a fair market value for the property.
• The size, condition, and specification of FORGE MILL BUNGALOW has not materially changed since April 2021.

How Large is FORGE MILL BUNGALOW?

FORGE MILL BUNGALOW is 136m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 50% of detached houses houses in Little Somerford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Somerford, and where FORGE MILL BUNGALOW lies on this distribution: 47% of detached houses houses are smaller than FORGE MILL BUNGALOW, and 53% of houses are larger. Note that EPC data is not available for all properties in Little Somerford.

FORGE MILL BUNGALOW: Plot and Title Map

FORGE MILL BUNGALOW sits on a plot of roughly 2.7 acres, or 11,051m². The below map shows the location of FORGE MILL BUNGALOW, 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 FORGE MILL BUNGALOW). 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 FORGE MILL BUNGALOW?

FORGE MILL BUNGALOW is located in LITTLE SOMERFORD, in the SN15 postcode district. The below map shows the position of FORGE MILL BUNGALOW in LITTLE SOMERFORD.