2, MORRIS RISE, CHINEHAM, BASINGSTOKE, RG24 8LD - £625,000

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 MORRIS RISE is a very large extended detached house of 216m², built sometime between 1996 and 2002. It was last sold for £625,000 in December 2019, which was around 20% above the average December 2019 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

2 MORRIS RISE Sold Prices

Land registry data shows three sales for 2 MORRIS RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. All of the three 2 MORRIS RISE sales were for above 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 20 DEC	£625,000	£521,956	20% above HPI
2015 29 MAY	£535,000	£434,354	23% above HPI
2002 31 OCT	£484,950	£284,739	70% above HPI

2 MORRIS RISE 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 three 2 MORRIS RISE sales between October 2002 and December 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 May 2015 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the December 2019 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 2 MORRIS RISE?

2 MORRIS RISE is 216m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 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 2 MORRIS RISE lies on this distribution: 98% of detached houses are smaller than 2 MORRIS RISE, and 2% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

2 MORRIS RISE: Plot and Title Map

2 MORRIS RISE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 2 MORRIS RISE, 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 MORRIS RISE). 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 MORRIS RISE?

2 MORRIS RISE is located in CHINEHAM, in the RG24 postcode district. The below map shows the position of No. 2 on MORRIS RISE.