According to the public record, 38, Preston Lane, Chippenham is a mid-century freehold house with 871 ft2 of internal area and sits on a 248 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Preston Lane, Lyneham, Chippenham, SN15 is located within the SN15 postal district.
38, Preston Lane, Chippenham has 51 entries in the Land Registry database, most recently in April 2007 and a single entry in the EPC database dated March 2019.
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 Preston Lane Chippenham as £229,393 and the rental value as £1,053 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 38 Preston Lane Chippenham has increased by £6,790 (3.0%) and its rental value has increased by £55 per month (5.2%).
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, Preston Lane, Chippenham is in very good condition we estimate a sale value of £240,863 and rental value of £1,106 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,336 and a rental value of £980 per month.
If you were able to purchase this property for the estimated value of £229,393, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,127 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, Preston Lane, Chippenham sits on a plot of 248m2.
We have plot size data on 12 out of 25 other houses in the postcode and 38, Preston Lane, Chippenham sits on the 7th largest plot.
According to HM Land Registry, 38, Preston Lane, Chippenham was last sold on 27 Apr 2007 for £171,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Apr 2007, the market for similar properties has risen 57.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Preston Lane, Chippenham within a radius of 2.6 kilometres over the last 2 years.
The most recent example is 65, Britannia Crescent, Chippenham, SN15 4AN, a Freehold house which sold for £275,000 in Jan 2024.
Read more about house prices in SN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preston Lane, Lyneham, Chippenham, SN15 has a total of 26 addresses. According to our analysis of all the public data, 38, Preston Lane, Chippenham is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in SN15.
38, Preston Lane, Chippenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Mar 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 38, Preston Lane, Chippenham is Chippenham station which is 11.7 kilometres 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, Preston Lane, Chippenham, 46.0% of property is privately rented and 32.1% 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 38, Preston Lane, Chippenham, 24.9% of residents are recorded as possessing school level qualifications and 39.6% 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, Preston Lane, Chippenham, the average age was 40.1 and the most common age was 17.
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, Preston 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, Preston 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.