According to the public record, 7, Penny Lane, Chippenham is a modern freehold house with 1,259 ft2 of internal area and sits on a 379 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Penny Lane, Chippenham, SN15 is located within the SN15 postal district.
7, Penny Lane, Chippenham has 51 entries in the Land Registry database, most recently in October 2023 and a single entry in the EPC database dated September 2018.
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 7 Penny Lane Chippenham as £363,516 and the rental value as £1,465 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 7 Penny Lane Chippenham has increased by £6,780 (1.9%) and its rental value has increased by £70 per month (4.8%).
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 7, Penny Lane, Chippenham is in very good condition we estimate a sale value of £381,692 and rental value of £1,538 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £338,070 and a rental value of £1,363 per month.
If you were able to purchase this property for the estimated value of £363,516, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,787 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, 7, Penny Lane, Chippenham sits on a plot of 379m2.
We have plot size data on 14 out of 15 other houses in the postcode and 7, Penny Lane, Chippenham sits on the largest plot.
According to HM Land Registry, 7, Penny Lane, Chippenham was last sold on 09 Oct 2023 for £340,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Oct 2023, the market for similar properties has risen 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Penny Lane, Chippenham within a radius of 750 metres over the last 2 years.
The most recent example is 14, Bramble Drive, Chippenham, SN15 3PH, a Freehold house which sold for £383,000 in Jul 2023.
Read more about house prices in SN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penny Lane, Chippenham, SN15 has a total of 17 addresses. According to our analysis of all the public data, 7, Penny Lane, Chippenham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in SN15.
7, Penny Lane, Chippenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Sep 2018.
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 7, Penny Lane, Chippenham is Chippenham station which is 2.3 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 7, Penny Lane, Chippenham, 45.3% of property is privately owned with a mortgage and 31.8% 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 7, Penny Lane, Chippenham, 16.0% of residents are recorded as possessing school level qualifications and 33.2% 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 7, Penny Lane, Chippenham, the average age was 40.9 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 7, Penny 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 7, Penny 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.