16, MEDWAY AVENUE, OAKLEY, BASINGSTOKE, RG23 7DP - £445,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 MEDWAY AVENUE is a large extended detached house of 147m², built sometime between 1976 and 1982. It was last sold for £445,000 in July 2016, which was around 11% below the average July 2016 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

16 MEDWAY AVENUE Sold Prices

Land registry data shows two sales for 16 MEDWAY AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. One of the two 16 MEDWAY AVENUE sales was for below the average price, whilst the other was roughly equal to 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 29 JUL	£445,000	£498,237	11% below HPI
1995 30 JUN	£119,000	£119,452	Close to HPI

16 MEDWAY AVENUE 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 two 16 MEDWAY AVENUE sales from June 1995 and July 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 June 1995 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 16 MEDWAY AVENUE?

16 MEDWAY AVENUE is 147m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 30% of detached houses in Oakley, based on EPC data. The below chart shows the distribution of detached houses by size in Oakley, and where 16 MEDWAY AVENUE lies on this distribution: 77% of detached houses are smaller than 16 MEDWAY AVENUE, and 22% of houses are larger. Note that EPC data is not available for all properties in Oakley.

16 MEDWAY AVENUE: Plot and Title Map

16 MEDWAY AVENUE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 16 MEDWAY AVENUE, 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 MEDWAY AVENUE). 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 MEDWAY AVENUE?

16 MEDWAY AVENUE is located in OAKLEY, in the RG23 postcode district. The below map shows the position of No. 16 on MEDWAY AVENUE.