15, GILLIES DRIVE, BASINGSTOKE, RG24 9JW - £403,000

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

15 GILLIES DRIVE is a small detached house of 97m², built sometime between 1996 and 2002, which could now be worth an estimated £489,390. It was last sold for £403,000 in November 2016, which was around 23% below the average November 2016 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

15 GILLIES DRIVE Sold Prices

Land registry data shows five sales for 15 GILLIES DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. All of the five 15 GILLIES 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
2016 3 NOV	£403,000	£522,256	23% below HPI
2008 10 APR	£236,000	£386,228	39% below HPI
2001 9 OCT	£189,000	£263,744	28% below HPI
1998 15 MAY	£129,950	£165,940	22% below HPI
1995 8 DEC	£105,950	£126,028	16% below HPI

15 GILLIES 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 five 15 GILLIES DRIVE sales between December 1995 and November 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 April 2008 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2016 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 15 GILLIES DRIVE be worth now?

15 GILLIES DRIVE might now be worth an estimated £489,390.

This is based on house price inflation of 21.4%, between November 2016 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 21.4% inflationary increase is applied to the most recent sale price for 15 GILLIES DRIVE of £403,000 on 3rd November 2016. For the value to have increased from £403,000 to £489,390 over the seven years and eleven months to December 2024, the following assumptions must hold true:

• The value of 15 GILLIES DRIVE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The November 2016 sale price of £403,000 represented a fair market value for the property.
• The size, condition, and specification of 15 GILLIES DRIVE has not materially changed since November 2016.

How Large is 15 GILLIES DRIVE?

15 GILLIES DRIVE is 97m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 30% 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 15 GILLIES DRIVE lies on this distribution: 27% of detached houses houses are smaller than 15 GILLIES DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

15 GILLIES DRIVE: Plot and Title Map

15 GILLIES DRIVE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 15 GILLIES 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 GILLIES 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 GILLIES DRIVE?

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