12, CAITHNESS CLOSE, OAKLEY, BASINGSTOKE, RG23 7NG - £479,000

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.

12 CAITHNESS CLOSE is a midsized extended detached house of 128m², built sometime between 1976 and 1982, which could now be worth an estimated £571,097. It was last sold for £479,000 in January 2020, which was around 11% below the average January 2020 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was C.

12 CAITHNESS CLOSE Sold Prices

Land registry data shows three sales for 12 CAITHNESS CLOSE 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. All of the three 12 CAITHNESS 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
2020 10 JAN	£479,000	£536,890	11% below HPI
2017 3 FEB	£427,000	£536,592	20% below HPI
1997 27 MAR	£118,500	£141,109	16% below HPI

12 CAITHNESS 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 three 12 CAITHNESS CLOSE sales between March 1997 and January 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 February 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 12 CAITHNESS CLOSE be worth now?

12 CAITHNESS CLOSE might now be worth an estimated £571,097.

This is based on house price inflation of 19.2%, between January 2020 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 19.2% inflationary increase is applied to the most recent sale price for 12 CAITHNESS CLOSE of £479,000 on 10th January 2020. For the value to have increased from £479,000 to £571,097 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 12 CAITHNESS CLOSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The January 2020 sale price of £479,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CAITHNESS CLOSE has not materially changed since January 2020.

How Large is 12 CAITHNESS CLOSE?

12 CAITHNESS CLOSE is 128m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 50% of detached houses houses in Oakley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakley, and where 12 CAITHNESS CLOSE lies on this distribution: 58% of detached houses houses are smaller than 12 CAITHNESS CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Oakley.

12 CAITHNESS CLOSE: Plot and Title Map

12 CAITHNESS CLOSE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 12 CAITHNESS 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 12 CAITHNESS 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 12 CAITHNESS CLOSE?

12 CAITHNESS CLOSE is located in OAKLEY, in the RG23 postcode district. The below map shows the position of No. 12 on CAITHNESS CLOSE.