OAKRIDGE, UTTERSON VIEW, CHIPPENHAM, SN15 2RN - £350,000

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

OAKRIDGE is a very large detached house of 147m², built sometime between 1991 and 1995. It was last sold for £350,000 in March 2016, which was around 10% below the average March 2016 detached price in the Wiltshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

OAKRIDGE Sold Prices

Land registry data shows three sales for OAKRIDGE 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 OAKRIDGE 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
2016 30 MAR	£350,000	£390,414	10% below HPI
1999 28 JUN	£139,950	£144,679	3% below HPI
1995 14 JUN	£169,995	£101,620	67% above HPI

OAKRIDGE 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 OAKRIDGE sales between June 1995 and March 2016 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 June 1999 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2016 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might OAKRIDGE be worth now?

OAKRIDGE might now be worth an estimated £465,919.

This is based on house price inflation of 33.1%, between March 2016 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 33.1% inflationary increase is applied to the most recent sale price for OAKRIDGE of £350,000 on 30th March 2016. For the value to have increased from £350,000 to £465,919 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of OAKRIDGE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The March 2016 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of OAKRIDGE has not materially changed since March 2016.

How Large is OAKRIDGE?

OAKRIDGE is 147m² according to the EPC inspection conducted in May 2014. This puts it in the largest 20% 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 OAKRIDGE lies on this distribution: 82% of detached houses houses are smaller than OAKRIDGE, and 17% of houses are larger. Note that EPC data is not available for all properties in Chippenham.

OAKRIDGE: Plot and Title Map

OAKRIDGE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of OAKRIDGE, 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 OAKRIDGE). 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 OAKRIDGE?

OAKRIDGE is located on UTTERSON VIEW in CHIPPENHAM, in the SN15 postcode district. The below map shows the position of OAKRIDGE on UTTERSON VIEW.