2, MERRIATT CLOSE, BASINGSTOKE, RG21 3HX - £550,000

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

2 MERRIATT CLOSE is a midsized extended detached house of 113m², built sometime between 1950 and 1966. It was last sold for £550,000 in August 2023, which was around 11% below the average August 2023 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was C.

2 MERRIATT CLOSE Sold Prices

Land registry data shows two sales for 2 MERRIATT 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 MERRIATT 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
2023 25 AUG	£550,000	£614,944	11% below HPI
2006 21 DEC	£285,000	£345,245	17% below HPI

2 MERRIATT 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 MERRIATT CLOSE sales from December 2006 and August 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 December 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 MERRIATT CLOSE?

2 MERRIATT CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 50% of detached houses in Basingstoke, based on EPC data. The below chart shows the distribution of detached houses by size in Basingstoke, and where 2 MERRIATT CLOSE lies on this distribution: 46% of detached houses are smaller than 2 MERRIATT CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

2 MERRIATT CLOSE: Plot and Title Map

2 MERRIATT CLOSE sits on a plot of roughly 0.174 of an acre, or 703m². The below map shows the location of 2 MERRIATT 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 MERRIATT 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 MERRIATT CLOSE?

2 MERRIATT CLOSE is located in BASINGSTOKE, in the RG21 postcode district. The below map shows the position of No. 2 on MERRIATT CLOSE.