12, HIGHER MEAD, LYCHPIT, BASINGSTOKE, RG24 8YL - £665,000

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

12 HIGHER MEAD is a very large extended detached house of 155m², built sometime between 1991 and 1995, which could now be worth an estimated £692,729. It was last sold for £665,000 in May 2022, which was around 9% above the average May 2022 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

12 HIGHER MEAD Sold Prices

Land registry data shows three sales for 12 HIGHER MEAD 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 12 HIGHER MEAD sales were for above the average price, whilst one was 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
2022 31 MAY	£665,000	£608,823	9% above HPI
2014 25 APR	£400,000	£406,102	2% below HPI
2002 28 MAR	£291,000	£261,967	11% above HPI

12 HIGHER MEAD 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 HIGHER MEAD sales between March 2002 and May 2022 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 April 2014 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2022 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 12 HIGHER MEAD be worth now?

12 HIGHER MEAD might now be worth an estimated £692,729.

This is based on house price inflation of 4.2%, between May 2022 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 4.2% inflationary increase is applied to the most recent sale price for 12 HIGHER MEAD of £665,000 on 31st May 2022. For the value to have increased from £665,000 to £692,729 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of 12 HIGHER MEAD has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The May 2022 sale price of £665,000 represented a fair market value for the property.
• The size, condition, and specification of 12 HIGHER MEAD has not materially changed since May 2022.

How Large is 12 HIGHER MEAD?

12 HIGHER MEAD is 155m², which includes one extension, according to the EPC inspection conducted in January 2014. 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 12 HIGHER MEAD lies on this distribution: 84% of detached houses houses are smaller than 12 HIGHER MEAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

12 HIGHER MEAD: Plot and Title Map

12 HIGHER MEAD sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 12 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 12 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 12 HIGHER MEAD?

12 HIGHER MEAD is located in LYCHPIT, in the RG24 postcode district. The below map shows the position of No. 12 on HIGHER MEAD.