2, PECCHE PLACE, CHINEHAM, BASINGSTOKE, RG24 8AA - £390,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 PECCHE PLACE is a very small detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £385,640. It was last sold for £390,000 in August 2024, which was around 39% below the average August 2024 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

2 PECCHE PLACE Sold Prices

Land registry data shows two sales for 2 PECCHE PLACE 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 PECCHE PLACE 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 27 AUG	£390,000	£641,380	39% below HPI
2004 29 SEP	£255,000	£336,403	24% below HPI

2 PECCHE PLACE 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 PECCHE PLACE sales from September 2004 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 September 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2024 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 2 PECCHE PLACE be worth now?

2 PECCHE PLACE might now be worth an estimated £385,640.

This is based on house price deflation of 1.1%, between August 2024 and December 2024, 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 1.1% deflationary decrease is applied to the most recent sale price for 2 PECCHE PLACE of £390,000 on 27th August 2024. For the value to have decreased from £390,000 to £385,640 over the eight months to December 2024, the following assumptions must hold true:

• The value of 2 PECCHE PLACE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The August 2024 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PECCHE PLACE has not materially changed since August 2024.

How Large is 2 PECCHE PLACE?

2 PECCHE PLACE is 80m² according to the EPC inspection conducted in February 2024. 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 PECCHE PLACE lies on this distribution: 11% of detached houses houses are smaller than 2 PECCHE PLACE, and 89% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

2 PECCHE PLACE: Plot and Title Map

2 PECCHE PLACE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 2 PECCHE PLACE, 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 PECCHE PLACE). 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 PECCHE PLACE?

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