1A, PACK LANE, OAKLEY, BASINGSTOKE, RG23 7BD - £528,500

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

1A PACK LANE is a midsized detached house of 120m², built sometime between 1967 and 1975. It was last sold for £528,500 in August 2024, which was around 16% below the average August 2024 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

1A PACK LANE Sold Prices

Land registry data shows four sales for 1A PACK LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. All of the four 1A PACK LANE 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 20 AUG	£528,500	£626,678	16% below HPI
2011 5 AUG	£306,500	£358,507	15% below HPI
2011 27 APR	£320,000	£354,405	10% below HPI
2007 31 AUG	£307,500	£375,987	18% below HPI

1A PACK LANE 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 four 1A PACK LANE sales between August 2007 and August 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 August 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2024 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 1A PACK LANE?

1A PACK LANE is 120m² according to the EPC inspection conducted in June 2024. This puts it in the largest 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 1A PACK LANE lies on this distribution: 50% of detached houses are smaller than 1A PACK LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in Oakley.

1A PACK LANE: Plot and Title Map

1A PACK LANE sits on a plot of roughly 0.105 of an acre, or 427m². The below map shows the location of 1A PACK LANE, 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 1A PACK LANE). 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 1A PACK LANE?

1A PACK LANE is located in OAKLEY, in the RG23 postcode district. The below map shows the position of No. 1A on PACK LANE.