1, TERN CLOSE, BASINGSTOKE, RG22 5UF - £447,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 TERN CLOSE is a very large extended detached house of 149m², built sometime between 1996 and 2002, which could now be worth an estimated £743,121. It was last sold for £447,000 in October 2012, which was around 17% above the average October 2012 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

1 TERN CLOSE Sold Prices

Land registry data shows two sales for 1 TERN 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 TERN CLOSE 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
2012 12 OCT	£447,000	£381,488	17% above HPI
1999 31 MAR	£196,500	£171,904	14% above HPI

1 TERN 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 TERN CLOSE sales from March 1999 and October 2012 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 1999 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2012 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 1 TERN CLOSE be worth now?

1 TERN CLOSE might now be worth an estimated £743,121.

This is based on house price inflation of 66.2%, between October 2012 and December 2024, 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 66.2% inflationary increase is applied to the most recent sale price for 1 TERN CLOSE of £447,000 on 12th October 2012. For the value to have increased from £447,000 to £743,121 over the eleven years and ten months to December 2024, the following assumptions must hold true:

• The value of 1 TERN CLOSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The October 2012 sale price of £447,000 represented a fair market value for the property.
• The size, condition, and specification of 1 TERN CLOSE has not materially changed since October 2012.

How Large is 1 TERN CLOSE?

1 TERN CLOSE is 149m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 20% 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 TERN CLOSE lies on this distribution: 82% of detached houses houses are smaller than 1 TERN CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

1 TERN CLOSE: Plot and Title Map

1 TERN CLOSE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 1 TERN 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 TERN 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 TERN CLOSE?

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