According to the public record, 38, Park Lane, Chippenham is a period freehold house with 1,054 ft2 of internal area and sits on a 163 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Park Lane, Chippenham, SN15 is located within the SN15 postal district.
38, Park Lane, Chippenham has a single entry in the Land Registry database from October 2022 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 38 Park Lane Chippenham as £283,330 and the rental value as £1,241 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 38 Park Lane Chippenham has increased by £11,397 (4.0%) and its rental value has increased by £87 per month (7.0%).
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 38, Park Lane, Chippenham is in very good condition we estimate a sale value of £297,496 and rental value of £1,303 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £263,497 and a rental value of £1,154 per month.
If you were able to purchase this property for the estimated value of £283,330, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,392 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 data from HM Land Registry, 38, Park Lane, Chippenham sits on a plot of 163m2.
We have plot size data on 19 out of 36 other houses in the postcode and 38, Park Lane, Chippenham sits on the 18th largest plot.
According to HM Land Registry, 38, Park Lane, Chippenham was last sold on 19 Oct 2022 for £260,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2022, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Park Lane, Chippenham within a radius of 610 metres over the last 2 years.
The most recent example is 24, Park Lane, Chippenham, SN15 1LT, a Freehold house which sold for £295,000 in Jul 2023.
Read more about house prices in SN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane, Chippenham, SN15 has a total of 114 addresses. According to our analysis of all the public data, 38, Park Lane, Chippenham is the 43rd largest and the 44th most expensive property on the street.
When compared to the postcode district it is £86k less expensive than the average property in SN15.
38, Park Lane, Chippenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 38, Park Lane, Chippenham is Chippenham station which is 400 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 38, Park Lane, Chippenham, 35.8% of property is privately owned with a mortgage and 33.1% is privately owned outright.
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 38, Park Lane, Chippenham, 14.1% of residents are recorded as possessing school level qualifications and 41.6% 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 38, Park Lane, Chippenham, the average age was 40.6 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 38, Park 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 38, Park Lane, Chippenham, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.