1, HIGHER MEAD, LYCHPIT, BASINGSTOKE, RG24 8YL - £490,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 HIGHER MEAD is a large extended semi-detached house of 131m², built sometime between 1991 and 1995, which could now be worth an estimated £586,808. It was last sold for £490,000 in November 2020, which was around 52% above the average November 2020 semi-detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

1 HIGHER MEAD Sold Prices

Land registry data shows six sales for 1 HIGHER MEAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Basingstoke and Deane local authority area for the corresponding sale date. All of the six 1 HIGHER MEAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 6 NOV	£490,000	£321,499	52% above HPI
2010 11 JAN	£375,000	£208,054	80% above HPI
2006 26 OCT	£327,500	£207,354	58% above HPI
2003 27 AUG	£295,000	£174,198	69% above HPI
1998 7 MAY	£185,000	£91,119	103% above HPI
1995 21 DEC	£159,950	£70,474	127% above HPI

1 HIGHER MEAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Basingstoke and Deane local authority area over time, sourced from the HPI. The six 1 HIGHER MEAD sales between December 1995 and November 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2010 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the November 2020 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 1 HIGHER MEAD be worth now?

1 HIGHER MEAD might now be worth an estimated £586,808.

This is based on house price inflation of 19.8%, between November 2020 and February 2025, for semi-detached houses, in the Basingstoke and Deane local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.8% inflationary increase is applied to the most recent sale price for 1 HIGHER MEAD of £490,000 on 6th November 2020. For the value to have increased from £490,000 to £586,808 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 HIGHER MEAD has moved in line with the HPI for semi-detached houses in the Basingstoke and Deane local authority area.
• The November 2020 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HIGHER MEAD has not materially changed since November 2020.

How Large is 1 HIGHER MEAD?

1 HIGHER MEAD is 131m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 40% of semi-detached houses houses in Basingstoke, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Basingstoke, and where 1 HIGHER MEAD lies on this distribution: 67% of semi-detached houses houses are smaller than 1 HIGHER MEAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

1 HIGHER MEAD: Plot and Title Map

1 HIGHER MEAD sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 1 HIGHER MEAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 HIGHER MEAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 HIGHER MEAD?

1 HIGHER MEAD is located in LYCHPIT, in the RG24 postcode district. The below map shows the position of No. 1 on HIGHER MEAD.