16A, READING ROAD, CHINEHAM, BASINGSTOKE, RG24 8LN - £400,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16A READING ROAD is a very small extended detached house of 78m², built sometime between 1976 and 1982. It was last sold for £400,000 in July 2023, which was around 35% below the average July 2023 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

16A READING ROAD Sold Prices

Land registry data shows two sales for 16A READING ROAD 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 16A READING ROAD 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
2023 28 JUL	£400,000	£614,120	35% below HPI
2009 3 JUL	£190,000	£314,536	40% below HPI

16A READING ROAD 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 16A READING ROAD sales from July 2009 and July 2023 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 2009 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2023 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 16A READING ROAD?

16A READING ROAD is 78m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the smallest 10% of detached houses in Basingstoke, based on EPC data. The below chart shows the distribution of detached houses by size in Basingstoke, and where 16A READING ROAD lies on this distribution: 10% of detached houses are smaller than 16A READING ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

16A READING ROAD: Plot and Title Map

16A READING ROAD sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 16A READING ROAD, 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 16A READING ROAD). 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 16A READING ROAD?

16A READING ROAD is located in CHINEHAM, in the RG24 postcode district. The below map shows the position of No. 16A on READING ROAD.