12, READING ROAD, CHINEHAM, BASINGSTOKE, RG24 8LN - £501,000

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 READING ROAD is a midsized extended detached house of 117m², built sometime between 1967 and 1975, which could now be worth an estimated £614,063. It was last sold for £501,000 in October 2016, which was around 4% below the average October 2016 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

12 READING ROAD Sold Prices

Land registry data shows three sales for 12 READING ROAD 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 READING ROAD 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
2016 26 OCT	£501,000	£522,257	4% below HPI
2011 11 MAR	£347,500	£366,611	5% below HPI
2000 22 SEP	£245,000	£233,645	5% above HPI

12 READING ROAD 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 READING ROAD sales between September 2000 and October 2016 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 2011 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2016 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 12 READING ROAD be worth now?

12 READING ROAD might now be worth an estimated £614,063.

This is based on house price inflation of 22.6%, between October 2016 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 22.6% inflationary increase is applied to the most recent sale price for 12 READING ROAD of £501,000 on 26th October 2016. For the value to have increased from £501,000 to £614,063 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 12 READING ROAD has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The October 2016 sale price of £501,000 represented a fair market value for the property.
• The size, condition, and specification of 12 READING ROAD has not materially changed since October 2016.

How Large is 12 READING ROAD?

12 READING ROAD is 117m², which includes two extensions, according to the EPC inspection conducted in March 2010. This puts it in the largest 50% 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 READING ROAD lies on this distribution: 51% of detached houses houses are smaller than 12 READING ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

12 READING ROAD: Plot and Title Map

12 READING ROAD sits on a plot of roughly 0.184 of an acre, or 744m². The below map shows the location of 12 READING ROAD, 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 READING ROAD). 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 READING ROAD?

12 READING ROAD is located in CHINEHAM, in the RG24 postcode district. The below map shows the position of No. 12 on READING ROAD.