PALMYRAH, COCKLEBURY ROAD, CHIPPENHAM, SN15 3NT - £200,000

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

PALMYRAH is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £200,000 in August 2013, which was around 38% below the average August 2013 detached price in the Wiltshire local authority area. The most recent EPC inspection was December 2008, where the current energy rating was D, and the potential energy rating was C.

PALMYRAH Sold Prices

Land registry data shows four sales for PALMYRAH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the four PALMYRAH 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
2013 15 AUG	£200,000	£324,439	38% below HPI
2011 17 AUG	£186,500	£324,959	43% below HPI
2009 1 MAY	£170,000	£285,597	40% below HPI
2006 20 DEC	£200,000	£323,734	38% below HPI

PALMYRAH 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 four PALMYRAH sales between December 2006 and August 2013 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 August 2011 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2013 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might PALMYRAH be worth now?

PALMYRAH might now be worth an estimated £320,379.

This is based on house price inflation of 60.2%, between August 2013 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 60.2% inflationary increase is applied to the most recent sale price for PALMYRAH of £200,000 on 15th August 2013. For the value to have increased from £200,000 to £320,379 over the ten years and eight months to December 2024, the following assumptions must hold true:

• The value of PALMYRAH has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The August 2013 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of PALMYRAH has not materially changed since August 2013.

How Large is PALMYRAH?

PALMYRAH is 75m² according to the EPC inspection conducted in December 2008. 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 PALMYRAH lies on this distribution: 8% of detached houses houses are smaller than PALMYRAH, and 92% of houses are larger. Note that EPC data is not available for all properties in Chippenham.

PALMYRAH: Plot and Title Map

PALMYRAH sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of PALMYRAH, 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 PALMYRAH). 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 PALMYRAH?

PALMYRAH is located on COCKLEBURY ROAD in CHIPPENHAM, in the SN15 postcode district. The below map shows the position of PALMYRAH on COCKLEBURY ROAD.