15, PACK LANE, OAKLEY, BASINGSTOKE, RG23 7BE - £445,000

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 PACK LANE is a midsized detached house of 121m², built sometime between 1983 and 1990, which could now be worth an estimated £671,120. It was last sold for £445,000 in July 2014, which was around 5% above the average July 2014 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

15 PACK LANE Sold Prices

Land registry data shows four sales for 15 PACK LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. All of the four 15 PACK LANE 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
2014 23 JUL	£445,000	£424,443	5% above HPI
2011 10 NOV	£410,000	£374,619	9% above HPI
2008 7 APR	£397,500	£386,228	3% above HPI
2006 18 APR	£345,000	£329,946	5% above HPI

15 PACK LANE 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 four 15 PACK LANE sales between April 2006 and July 2014 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 2011 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2014 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 15 PACK LANE be worth now?

15 PACK LANE might now be worth an estimated £671,120.

This is based on house price inflation of 50.8%, between July 2014 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 50.8% inflationary increase is applied to the most recent sale price for 15 PACK LANE of £445,000 on 23rd July 2014. For the value to have increased from £445,000 to £671,120 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 15 PACK LANE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The July 2014 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PACK LANE has not materially changed since July 2014.

How Large is 15 PACK LANE?

15 PACK LANE is 121m² according to the EPC inspection conducted in August 2013. This puts it in the largest 50% of detached houses houses in Oakley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakley, and where 15 PACK LANE lies on this distribution: 50% of detached houses houses are smaller than 15 PACK LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Oakley.

15 PACK LANE: Plot and Title Map

15 PACK LANE sits on a plot of roughly 0.194 of an acre, or 784m². The below map shows the location of 15 PACK LANE, 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 PACK LANE). 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 PACK LANE?

15 PACK LANE is located in OAKLEY, in the RG23 postcode district. The below map shows the position of No. 15 on PACK LANE.