According to the public record, 8, Elm Close, Chippenham is a mid-century freehold house with 1,323 ft2 of internal area and sits on a 218 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Elm Close, Lyneham, Chippenham, SN15 is located within the SN15 postal district.
8, Elm Close, Chippenham has 31 entries in the Land Registry database, most recently in May 2019 and a single entry in the EPC database dated February 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 8 Elm Close Chippenham as £316,333 and the rental value as £1,360 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 8 Elm Close Chippenham has increased by £4,282 (1.4%) and its rental value has increased by £48 per month (3.5%).
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 8, Elm Close, Chippenham is in very good condition we estimate a sale value of £332,149 and rental value of £1,428 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £294,189 and a rental value of £1,265 per month.
If you were able to purchase this property for the estimated value of £316,333, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,555 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, 8, Elm Close, Chippenham sits on a plot of 218m2.
We have plot size data on 8 out of 15 other houses in the postcode and 8, Elm Close, Chippenham sits on the 2nd largest plot.
According to HM Land Registry, 8, Elm Close, Chippenham was last sold on 24 May 2019 for £295,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2019, the market for similar properties has risen 21.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Elm Close, Chippenham within a radius of 2.6 kilometres over the last 2 years.
The most recent example is 30, Britannia Crescent, Chippenham, SN15 4AW, a Freehold house which sold for £295,000 in Dec 2023.
Read more about house prices in SN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Close, Lyneham, Chippenham, SN15 has a total of 15 addresses. According to our analysis of all the public data, 8, Elm Close, Chippenham is the largest and the most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in SN15.
8, Elm Close, Chippenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Feb 2019.
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 8, Elm Close, Chippenham is Chippenham station which is 11.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Elm Close, Chippenham, 37.8% of property is privately owned with a mortgage and 33.3% is privately rented.
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 8, Elm Close, Chippenham, 15.4% of residents are recorded as possessing school level qualifications and 29.2% 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 8, Elm Close, 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 8, Elm Close, Chippenham, 0.4% 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 8, Elm Close, Chippenham, there are an average of 1.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.