OAKDALE, FOREST LANE, CHIPPENHAM, SN15 3QU - £248,500

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

OAKDALE is a very small detached house of 75m², built sometime between 1991 and 1995. It was last sold for £248,500 in July 2017, which was around 41% below the average July 2017 detached price in the Wiltshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

OAKDALE Sold Prices

Land registry data shows three sales for OAKDALE 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 OAKDALE 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
2017 18 JUL	£248,500	£421,727	41% below HPI
2014 5 FEB	£208,000	£330,449	37% below HPI
1996 31 OCT	£68,500	£108,854	37% below HPI

OAKDALE 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 OAKDALE sales between October 1996 and July 2017 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 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2017 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might OAKDALE be worth now?

OAKDALE might now be worth an estimated £306,241.

This is based on house price inflation of 23.2%, between July 2017 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 23.2% inflationary increase is applied to the most recent sale price for OAKDALE of £248,500 on 18th July 2017. For the value to have increased from £248,500 to £306,241 over the six years and seven months to December 2024, the following assumptions must hold true:

• The value of OAKDALE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The July 2017 sale price of £248,500 represented a fair market value for the property.
• The size, condition, and specification of OAKDALE has not materially changed since July 2017.

How Large is OAKDALE?

OAKDALE is 75m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% 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 OAKDALE lies on this distribution: 8% of detached houses houses are smaller than OAKDALE, and 91% of houses are larger. Note that EPC data is not available for all properties in Chippenham.

OAKDALE: Plot and Title Map

OAKDALE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of OAKDALE, 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 OAKDALE). 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 OAKDALE?

OAKDALE is located on FOREST LANE in CHIPPENHAM, in the SN15 postcode district. The below map shows the position of OAKDALE on FOREST LANE.