1, MERRIATT CLOSE, BASINGSTOKE, RG21 3HX - £315,000

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 MERRIATT CLOSE is a very small detached house of 64m², built sometime between 1950 and 1966, which could now be worth an estimated £511,477. It was last sold for £315,000 in October 2013, which was around 20% below the average October 2013 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was B.

1 MERRIATT CLOSE Sold Prices

Land registry data shows two sales for 1 MERRIATT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. Both of the two 1 MERRIATT CLOSE sales were for below 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
2013 18 OCT	£315,000	£394,225	20% below HPI
2004 23 MAR	£224,000	£327,158	32% below HPI

1 MERRIATT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Basingstoke and Deane local authority area over time, sourced from the HPI. The two 1 MERRIATT CLOSE sales from March 2004 and October 2013 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 March 2004 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2013 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 1 MERRIATT CLOSE be worth now?

1 MERRIATT CLOSE might now be worth an estimated £511,477.

This is based on house price inflation of 62.4%, between October 2013 and February 2025, for 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 62.4% inflationary increase is applied to the most recent sale price for 1 MERRIATT CLOSE of £315,000 on 18th October 2013. For the value to have increased from £315,000 to £511,477 over the twelve years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 MERRIATT CLOSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The October 2013 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MERRIATT CLOSE has not materially changed since October 2013.

How Large is 1 MERRIATT CLOSE?

1 MERRIATT CLOSE is 64m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% of detached houses houses in Basingstoke, based on EPC data. The below chart shows the distribution of detached houses houses by size in Basingstoke, and where 1 MERRIATT CLOSE lies on this distribution: 3% of detached houses houses are smaller than 1 MERRIATT CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

1 MERRIATT CLOSE: Plot and Title Map

1 MERRIATT CLOSE sits on a plot of roughly 0.208 of an acre, or 843m². The below map shows the location of 1 MERRIATT CLOSE, 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 MERRIATT CLOSE). 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 MERRIATT CLOSE?

1 MERRIATT CLOSE is located in BASINGSTOKE, in the RG21 postcode district. The below map shows the position of No. 1 on MERRIATT CLOSE.