2, THE WOODLANDS, CHINEHAM, BASINGSTOKE, RG24 8GW - £378,000

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 THE WOODLANDS is a midsized extended detached house of 111m², built sometime between 1996 and 2002, which could now be worth an estimated £457,791. It was last sold for £378,000 in August 2020, which was around 29% below the average August 2020 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

2 THE WOODLANDS Sold Prices

Land registry data shows two sales for 2 THE WOODLANDS 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 THE WOODLANDS 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
2020 14 AUG	£378,000	£532,090	29% below HPI
2011 4 MAR	£246,750	£366,611	33% below HPI

2 THE WOODLANDS 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 THE WOODLANDS sales from March 2011 and August 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 March 2011 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2020 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 2 THE WOODLANDS be worth now?

2 THE WOODLANDS might now be worth an estimated £457,791.

This is based on house price inflation of 21.1%, between August 2020 and March 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 21.1% inflationary increase is applied to the most recent sale price for 2 THE WOODLANDS of £378,000 on 14th August 2020. For the value to have increased from £378,000 to £457,791 over the five years and five months to March 2025, the following assumptions must hold true:

• The value of 2 THE WOODLANDS has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The August 2020 sale price of £378,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE WOODLANDS has not materially changed since August 2020.

How Large is 2 THE WOODLANDS?

2 THE WOODLANDS is 111m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the smallest 50% 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 THE WOODLANDS lies on this distribution: 44% of detached houses houses are smaller than 2 THE WOODLANDS, and 56% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

2 THE WOODLANDS: Plot and Title Map

2 THE WOODLANDS sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 2 THE WOODLANDS, 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 THE WOODLANDS). 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 THE WOODLANDS?

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