16, GILLIES DRIVE, BASINGSTOKE, RG24 9JW - £277,500

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

16 GILLIES DRIVE is a small extended detached house of 106m², built sometime between 1976 and 1982, which could now be worth an estimated £447,592. It was last sold for £277,500 in September 2013, which was around 29% below the average September 2013 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

16 GILLIES DRIVE Sold Prices

Land registry data shows five sales for 16 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 16 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
2013 27 SEP	£277,500	£393,200	29% below HPI
2011 1 JUL	£248,500	£368,566	33% below HPI
2003 1 AUG	£215,000	£310,517	31% below HPI
2001 5 DEC	£185,000	£257,100	28% below HPI
1996 29 MAR	£102,950	£124,739	17% below HPI

16 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 16 GILLIES DRIVE sales between March 1996 and September 2013 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 July 2011 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2013 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 16 GILLIES DRIVE be worth now?

16 GILLIES DRIVE might now be worth an estimated £447,592.

This is based on house price inflation of 61.3%, between September 2013 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 61.3% inflationary increase is applied to the most recent sale price for 16 GILLIES DRIVE of £277,500 on 27th September 2013. For the value to have increased from £277,500 to £447,592 over the ten years and nine months to December 2024, the following assumptions must hold true:

• The value of 16 GILLIES DRIVE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The September 2013 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 16 GILLIES DRIVE has not materially changed since September 2013.

How Large is 16 GILLIES DRIVE?

16 GILLIES DRIVE is 106m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% 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 16 GILLIES DRIVE lies on this distribution: 37% of detached houses houses are smaller than 16 GILLIES DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

16 GILLIES DRIVE: Plot and Title Map

16 GILLIES DRIVE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 16 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 16 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 16 GILLIES DRIVE?

16 GILLIES DRIVE is located in BASINGSTOKE, in the RG24 postcode district. The below map shows the position of No. 16 on GILLIES DRIVE.