15, CUTTING DRIVE, BASINGSTOKE, RG24 9GX - £413,000

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.

15 CUTTING DRIVE is a midsized extended semi-detached house of 124m², built sometime from 2007 onwards, which could now be worth an estimated £508,000. It was last sold for £413,000 in July 2020, which was around 32% above the average July 2020 semi-detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

15 CUTTING DRIVE Sold Prices

Land registry data shows three sales for 15 CUTTING DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Basingstoke and Deane local authority area for the corresponding sale date. All of the three 15 CUTTING DRIVE 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
2020 31 JUL	£413,000	£313,016	32% above HPI
2013 28 MAR	£280,000	£220,706	27% above HPI
2008 30 JUN	£307,000	£222,941	38% above HPI

15 CUTTING DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Basingstoke and Deane local authority area over time, sourced from the HPI. The three 15 CUTTING DRIVE sales between June 2008 and July 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 March 2013 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the July 2020 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 15 CUTTING DRIVE be worth now?

15 CUTTING DRIVE might now be worth an estimated £508,000.

This is based on house price inflation of 23%, between July 2020 and February 2025, for semi-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 23% inflationary increase is applied to the most recent sale price for 15 CUTTING DRIVE of £413,000 on 31st July 2020. For the value to have increased from £413,000 to £508,000 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 15 CUTTING DRIVE has moved in line with the HPI for semi-detached houses in the Basingstoke and Deane local authority area.
• The July 2020 sale price of £413,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CUTTING DRIVE has not materially changed since July 2020.

How Large is 15 CUTTING DRIVE?

15 CUTTING DRIVE is 124m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 50% of semi-detached houses houses in Basingstoke, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Basingstoke, and where 15 CUTTING DRIVE lies on this distribution: 59% of semi-detached houses houses are smaller than 15 CUTTING DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

15 CUTTING DRIVE: Plot and Title Map

15 CUTTING DRIVE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 15 CUTTING DRIVE, 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 15 CUTTING DRIVE). 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 15 CUTTING DRIVE?

15 CUTTING DRIVE is located in BASINGSTOKE, in the RG24 postcode district. The below map shows the position of No. 15 on CUTTING DRIVE.