2, SPRINGFIELD, OAKLEY, BASINGSTOKE, RG23 7DR - £302,500

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 SPRINGFIELD is a very large extended detached house of 183m², built sometime between 1967 and 1975, which could now be worth an estimated £591,463. It was last sold for £302,500 in July 2009, which was around 8% below the average July 2009 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was D.

2 SPRINGFIELD Sold Prices

Land registry data shows two sales for 2 SPRINGFIELD 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. One of the two 2 SPRINGFIELD sales was for below the average price, whilst the other was 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
2009 17 JUL	£302,500	£327,384	8% below HPI
1995 27 JAN	£125,000	£121,154	3% above HPI

2 SPRINGFIELD 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 SPRINGFIELD sales from January 1995 and July 2009 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 January 1995 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2009 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 2 SPRINGFIELD be worth now?

2 SPRINGFIELD might now be worth an estimated £591,463.

This is based on house price inflation of 95.5%, between July 2009 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 95.5% inflationary increase is applied to the most recent sale price for 2 SPRINGFIELD of £302,500 on 17th July 2009. For the value to have increased from £302,500 to £591,463 over the sixteen years and five months to February 2025, the following assumptions must hold true:

• The value of 2 SPRINGFIELD has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The July 2009 sale price of £302,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SPRINGFIELD has not materially changed since July 2009.

How Large is 2 SPRINGFIELD?

2 SPRINGFIELD is 183m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the largest 10% of detached houses houses in Oakley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakley, and where 2 SPRINGFIELD lies on this distribution: 92% of detached houses houses are smaller than 2 SPRINGFIELD, and 8% of houses are larger. Note that EPC data is not available for all properties in Oakley.

2 SPRINGFIELD: Plot and Title Map

2 SPRINGFIELD sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 2 SPRINGFIELD, 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 SPRINGFIELD). 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 SPRINGFIELD?

2 SPRINGFIELD is located in OAKLEY, in the RG23 postcode district. The below map shows the position of No. 2 on SPRINGFIELD.