2, BALSAN CLOSE, BASINGSTOKE, RG24 9SY - £365,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 BALSAN CLOSE is a very small detached house of 89m², built sometime between 1996 and 2002, which could now be worth an estimated £429,906. It was last sold for £365,000 in April 2019, which was around 33% below the average April 2019 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

2 BALSAN CLOSE Sold Prices

Land registry data shows two sales for 2 BALSAN CLOSE 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 2 BALSAN CLOSE 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
2019 15 APR	£365,000	£543,474	33% below HPI
2001 26 OCT	£196,450	£263,744	26% below HPI

2 BALSAN CLOSE 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 2 BALSAN CLOSE sales from October 2001 and April 2019 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 October 2001 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2019 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 2 BALSAN CLOSE be worth now?

2 BALSAN CLOSE might now be worth an estimated £429,906.

This is based on house price inflation of 17.8%, between April 2019 and February 2025, 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 17.8% inflationary increase is applied to the most recent sale price for 2 BALSAN CLOSE of £365,000 on 15th April 2019. For the value to have increased from £365,000 to £429,906 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 2 BALSAN CLOSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The April 2019 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BALSAN CLOSE has not materially changed since April 2019.

How Large is 2 BALSAN CLOSE?

2 BALSAN CLOSE is 89m² according to the EPC inspection conducted in September 2018. 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 2 BALSAN CLOSE lies on this distribution: 18% of detached houses houses are smaller than 2 BALSAN CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

2 BALSAN CLOSE: Plot and Title Map

2 BALSAN CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 2 BALSAN CLOSE, 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 2 BALSAN CLOSE). 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 2 BALSAN CLOSE?

2 BALSAN CLOSE is located in BASINGSTOKE, in the RG24 postcode district. The below map shows the position of No. 2 on BALSAN CLOSE.