2, OAKFIELD LANE, ASHFORD HILL, THATCHAM, RG19 8FP - £675,000

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 OAKFIELD LANE is a midsized detached house of 152m², which could now be worth an estimated £799,856. It was last sold for £675,000 in March 2020, which was around 25% above the average March 2020 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

2 OAKFIELD LANE Sold Prices

Land registry data shows two sales for 2 OAKFIELD LANE 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 OAKFIELD LANE 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
2020 5 MAR	£675,000	£540,196	25% above HPI
2019 20 FEB	£682,950	£551,435	24% above HPI

2 OAKFIELD 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 two 2 OAKFIELD LANE sales from February 2019 and March 2020 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 February 2019 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the March 2020 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 2 OAKFIELD LANE be worth now?

2 OAKFIELD LANE might now be worth an estimated £799,856.

This is based on house price inflation of 18.5%, between March 2020 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 18.5% inflationary increase is applied to the most recent sale price for 2 OAKFIELD LANE of £675,000 on 5th March 2020. For the value to have increased from £675,000 to £799,856 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 2 OAKFIELD LANE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The March 2020 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAKFIELD LANE has not materially changed since March 2020.

How Large is 2 OAKFIELD LANE?

2 OAKFIELD LANE is 152m² according to the EPC inspection conducted in October 2018. This puts it in the largest 50% of detached houses houses in Ashford Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashford Hill, and where 2 OAKFIELD LANE lies on this distribution: 48% of detached houses houses are smaller than 2 OAKFIELD LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Ashford Hill.

2 OAKFIELD LANE: Plot and Title Map

2 OAKFIELD LANE sits on a plot of roughly 0.192 of an acre, or 775m². The below map shows the location of 2 OAKFIELD 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 2 OAKFIELD 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 2 OAKFIELD LANE?

2 OAKFIELD LANE is located in ASHFORD HILL, in the RG19 postcode district. The below map shows the position of No. 2 on OAKFIELD LANE.