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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 CUTTING DRIVE is a midsized extended semi-detached house of 124m², built sometime from 2007 onwards. It was last sold for £413,000 in July 2020, which was around 20% below the average July 2020 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 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 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 31 JUL	£413,000	£513,231	20% below HPI
2013 28 MAR	£280,000	£368,230	24% below HPI
2008 30 JUN	£307,000	£367,342	16% below HPI

15 CUTTING DRIVE 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 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2020 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

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 40% of detached houses in Basingstoke, based on EPC data. The below chart shows the distribution of detached houses by size in Basingstoke, and where 15 CUTTING DRIVE lies on this distribution: 59% of detached 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.