16, THE SPINNEY, BASINGSTOKE, RG24 9GJ - £351,500

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 THE SPINNEY is a very small detached house of 82m², built sometime from 2012 onwards, which could now be worth an estimated £361,007. It was last sold for £351,500 in May 2024, which was around 43% below the average May 2024 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

16 THE SPINNEY Sold Prices

Land registry data shows two sales for 16 THE SPINNEY 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. Both of the two 16 THE SPINNEY 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
2024 31 MAY	£351,500	£617,508	43% below HPI
2012 23 NOV	£222,000	£385,357	42% below HPI

16 THE SPINNEY 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 SPINNEY sales from November 2012 and May 2024 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 2012 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2024 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 16 THE SPINNEY be worth now?

16 THE SPINNEY might now be worth an estimated £361,007.

This is based on house price inflation of 2.7%, between May 2024 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 2.7% inflationary increase is applied to the most recent sale price for 16 THE SPINNEY of £351,500 on 31st May 2024. For the value to have increased from £351,500 to £361,007 over the five months to December 2024, the following assumptions must hold true:

• The value of 16 THE SPINNEY has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The May 2024 sale price of £351,500 represented a fair market value for the property.
• The size, condition, and specification of 16 THE SPINNEY has not materially changed since May 2024.

How Large is 16 THE SPINNEY?

16 THE SPINNEY is 82m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% 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 THE SPINNEY lies on this distribution: 12% of detached houses houses are smaller than 16 THE SPINNEY, and 88% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

16 THE SPINNEY: Plot and Title Map

16 THE SPINNEY sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 16 THE SPINNEY, 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 SPINNEY). 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 SPINNEY?

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