14, LAUREL CLOSE, OAKLEY, BASINGSTOKE, RG23 7LN - £406,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

14 LAUREL CLOSE is a very small detached house of 82m², built sometime between 1996 and 2002. It was last sold for £406,000 in December 2023, which was around 31% below the average December 2023 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

14 LAUREL CLOSE Sold Prices

Land registry data shows three sales for 14 LAUREL 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 14 LAUREL 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
2023 13 DEC	£406,000	£585,930	31% below HPI
2009 27 NOV	£270,000	£340,151	21% below HPI
2003 25 JUL	£244,000	£295,938	18% below HPI

14 LAUREL 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 14 LAUREL CLOSE sales between July 2003 and December 2023 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 2009 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 14 LAUREL CLOSE?

14 LAUREL CLOSE is 82m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% of detached houses in Oakley, based on EPC data. The below chart shows the distribution of detached houses by size in Oakley, and where 14 LAUREL CLOSE lies on this distribution: 12% of detached houses are smaller than 14 LAUREL CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Oakley.

14 LAUREL CLOSE: Plot and Title Map

14 LAUREL CLOSE sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 14 LAUREL 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 14 LAUREL 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 14 LAUREL CLOSE?

14 LAUREL CLOSE is located in OAKLEY, in the RG23 postcode district. The below map shows the position of No. 14 on LAUREL CLOSE.