16, THE DRIVE, OAKLEY, BASINGSTOKE, RG23 7DA - £550,000

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 THE DRIVE is a midsized extended detached house of 112m², built sometime between 1950 and 1966. It was last sold for £550,000 in August 2021, which was around 1% above the average August 2021 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

16 THE DRIVE Sold Prices

Land registry data shows two sales for 16 THE DRIVE 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 THE DRIVE sales was for above the average price, whilst the other was 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
2021 26 AUG	£550,000	£544,627	1% above HPI
2007 27 SEP	£310,000	£388,766	20% below HPI

16 THE 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 two 16 THE DRIVE sales from September 2007 and August 2021 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 September 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 16 THE DRIVE?

16 THE DRIVE is 112m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 50% 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 THE DRIVE lies on this distribution: 40% of detached houses are smaller than 16 THE DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Oakley.

16 THE DRIVE: Plot and Title Map

16 THE DRIVE sits on a plot of roughly 0.192 of an acre, or 775m². The below map shows the location of 16 THE 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 THE 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 THE DRIVE?

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