47, Lancashire Drive
47, Lancashire Drive
Description & Estimates
47, Lancashire Drive, Chippenham is recorded publicly as a modern freehold house across 1,474 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 47, Lancashire Drive, Chippenham is £470,251 and its rental estimate is £1,771 per month, given the available information and assuming reasonable condition.
Lancashire Drive, Chippenham, SN14 falls within the SN14 postal district.
Our Data Sources
47, Lancashire Drive, Chippenham has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 47, Lancashire Drive, Chippenham, we estimate a market value of £493,764 and a rental value of £1,860 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £437,334 and £1,647 per month respectively.
Recent Market Change
Over the last year, 47, Lancashire Drive, Chippenham has seen its estimated sale value drop by £11,081 (2.4%) and its estimated rental value rise by £55 per month (3.1%). This results in an estimated gross rental yield of 4.5%.
Energy Efficiency
47, Lancashire Drive, Chippenham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Nov 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 47, Lancashire Drive, Chippenham completed on 18th December 2023 at £505,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 2.2% over the period since December 2023.
- Sold Dec 2023£505,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 47, Lancashire Drive, Chippenham have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th February 2024, was 43, Lancashire Drive, Chippenham, SN14 0YX, a freehold house which sold for £525,000.
Read more about house prices in SN14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 50 addresses on Lancashire Drive, Chippenham, SN14, 47, Lancashire Drive, Chippenham comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £65k more expensive than the average property across the SN14 district.
More reading links
Schools Nearby
- 1.4kmQueen's Crescent School
- 1.7kmSt Mary's Catholic Primary School
- 1.9kmFrogwell Primary School
- 2.8kmSheldon School
- 3.2kmHardenhuish School
- 3.5kmAbbeyfield School
More reading links
Public Transport Nearby
From 47, Lancashire Drive, Chippenham, the nearest station is Chippenham, 2.8 kilometres away.
- 2.8kmChippenham
- 7.0kmMelksham
- 13.3kmBradford-on-Avon
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
