THE RIDGE, IVY ROAD, CHIPPENHAM, SN15 1HG - £475,000

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

THE RIDGE is a large detached house of 125m², built sometime between 1996 and 2002. It was last sold for £475,000 in January 2020, which was around 12% above the average January 2020 detached price in the Wiltshire local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

THE RIDGE Sold Prices

Land registry data shows three sales for THE RIDGE 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 THE RIDGE sales were for above the average price, whilst one was 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
2020 21 JAN	£475,000	£424,797	12% above HPI
2010 12 MAR	£387,500	£318,612	22% above HPI
2001 15 AUG	£197,100	£204,727	4% below HPI

THE RIDGE 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 THE RIDGE sales between August 2001 and January 2020 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 March 2010 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the January 2020 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might THE RIDGE be worth now?

THE RIDGE might now be worth an estimated £581,139.

This is based on house price inflation of 22.3%, between January 2020 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 22.3% inflationary increase is applied to the most recent sale price for THE RIDGE of £475,000 on 21st January 2020. For the value to have increased from £475,000 to £581,139 over the three years and one month to December 2024, the following assumptions must hold true:

• The value of THE RIDGE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The January 2020 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of THE RIDGE has not materially changed since January 2020.

How Large is THE RIDGE?

THE RIDGE is 125m² according to the EPC inspection conducted in January 2010. This puts it in the largest 40% 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 THE RIDGE lies on this distribution: 64% of detached houses houses are smaller than THE RIDGE, and 35% of houses are larger. Note that EPC data is not available for all properties in Chippenham.

THE RIDGE: Plot and Title Map

THE RIDGE sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of THE RIDGE, 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 RIDGE). 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 RIDGE?

THE RIDGE is located on IVY ROAD in CHIPPENHAM, in the SN15 postcode district. The below map shows the position of THE RIDGE on IVY ROAD.