THE CLOSE, GREAT SOMERFORD, CHIPPENHAM, SN15 5JG - £1,400,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE CLOSE is a very large extended detached house of 300m², built sometime before 1900. It was last sold for £1,400,000 in September 2021, which was around 218% above the average September 2021 detached price in the Wiltshire local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was C.

THE CLOSE Sold Prices

Land registry data shows two sales for THE 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 THE CLOSE 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 30 SEP	£1,400,000	£439,651	218% above HPI
2001 17 APR	£475,000	£184,429	158% above HPI

THE 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 THE CLOSE sales from April 2001 and September 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 April 2001 sale was for 158% above the HPI. So the extrapolation line tracks at 158% above the HPI over time, until the September 2021 sale, where it rises to 218% above the HPI. The line then continues to track at 218% above the HPI.

How Large is THE CLOSE?

THE CLOSE is 300m², which includes three extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 10% of detached houses in Great Somerford, based on EPC data. The below chart shows the distribution of detached houses by size in Great Somerford, and where THE CLOSE lies on this distribution: 97% of detached houses are smaller than THE CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Great Somerford.

THE CLOSE: Plot and Title Map

THE CLOSE sits on a plot of roughly 0.432 of an acre, or 1,746m². The below map shows the location of THE 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 THE 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 THE CLOSE?

THE CLOSE is located in GREAT SOMERFORD, in the SN15 postcode district. The below map shows the position of THE CLOSE in GREAT SOMERFORD.