According to the public record, 23, Derriads Lane, Chippenham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 943 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Derriads Lane, Chippenham, SN14 is located within the SN14 postal district.
23, Derriads Lane, Chippenham has 2 entries in the Land Registry database, most recently in September 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 23 Derriads Lane Chippenham as £407,271 and the rental value as £1,443 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 23 Derriads Lane Chippenham has increased by £11,130 (2.7%) and its rental value has increased by £87 per month (6.0%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 23, Derriads Lane, Chippenham is in very good condition we estimate a sale value of £427,634 and rental value of £1,515 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £378,762 and a rental value of £1,342 per month.
If you were able to purchase this property for the estimated value of £407,271, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,002 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 23, Derriads Lane, Chippenham was last sold on 11 Sep 2015 for £239,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2015, the market for similar properties has risen 41.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Derriads Lane, Chippenham within a radius of 610 metres over the last 2 years.
The most recent example is 2, Chamberlain Road, Chippenham, SN14 0TF, a Freehold house which sold for £280,000 in May 2021.
Read more about house prices in SN14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derriads Lane, Chippenham, SN14 has a total of 94 addresses. According to our analysis of all the public data, 23, Derriads Lane, Chippenham is the 73rd largest and the 59th most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in SN14.
The closest station to 23, Derriads Lane, Chippenham is Chippenham station which is 2.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, Derriads Lane, Chippenham, 63.2% of property is privately owned outright and 32.8% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 23, Derriads Lane, Chippenham, 17.4% of residents are recorded as possessing school level qualifications and 30.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 23, Derriads Lane, Chippenham, the average age was 41.4 and the most common age was 52.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 23, Derriads Lane, Chippenham, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 23, Derriads Lane, Chippenham, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.