1, MERRILEAS GARDENS, BASINGSTOKE, RG22 5JZ - £323,000

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 MERRILEAS GARDENS is a large detached house of 141m², built sometime between 1983 and 1990, which could now be worth an estimated £560,498. It was last sold for £323,000 in April 2011, which was around 12% below the average April 2011 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

1 MERRILEAS GARDENS Sold Prices

Land registry data shows three sales for 1 MERRILEAS GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. Two of the three 1 MERRILEAS GARDENS sales were for below the average price, whilst one was 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
2011 26 APR	£323,000	£368,882	12% below HPI
1999 26 NOV	£184,000	£197,427	7% below HPI
1997 23 MAY	£150,000	£144,028	4% above HPI

1 MERRILEAS GARDENS 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 three 1 MERRILEAS GARDENS sales between May 1997 and April 2011 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 November 1999 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2011 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 MERRILEAS GARDENS be worth now?

1 MERRILEAS GARDENS might now be worth an estimated £560,498.

This is based on house price inflation of 73.5%, between April 2011 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 73.5% inflationary increase is applied to the most recent sale price for 1 MERRILEAS GARDENS of £323,000 on 26th April 2011. For the value to have increased from £323,000 to £560,498 over the fourteen years and two months to February 2025, the following assumptions must hold true:

• The value of 1 MERRILEAS GARDENS has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The April 2011 sale price of £323,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MERRILEAS GARDENS has not materially changed since April 2011.

How Large is 1 MERRILEAS GARDENS?

1 MERRILEAS GARDENS is 141m² according to the EPC inspection conducted in June 2010. This puts it in the largest 30% 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 MERRILEAS GARDENS lies on this distribution: 76% of detached houses houses are smaller than 1 MERRILEAS GARDENS, and 24% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

1 MERRILEAS GARDENS: Plot and Title Map

1 MERRILEAS GARDENS sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 1 MERRILEAS GARDENS, 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 MERRILEAS GARDENS). 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 MERRILEAS GARDENS?

1 MERRILEAS GARDENS is located in BASINGSTOKE, in the RG22 postcode district. The below map shows the position of No. 1 on MERRILEAS GARDENS.