2, WEBB CLOSE, CHINEHAM, BASINGSTOKE, RG24 8XU - £375,000

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 WEBB CLOSE is a small extended detached house of 106m², built sometime between 1983 and 1990, which could now be worth an estimated £477,418. It was last sold for £375,000 in February 2016, which was around 25% below the average February 2016 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

2 WEBB CLOSE Sold Prices

Land registry data shows three sales for 2 WEBB CLOSE 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 WEBB CLOSE 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
2016 11 FEB	£375,000	£502,796	25% below HPI
2003 7 FEB	£230,000	£314,442	27% below HPI
1998 27 MAR	£116,000	£161,362	28% below HPI

2 WEBB CLOSE 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 WEBB CLOSE sales between March 1998 and February 2016 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 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2016 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2 WEBB CLOSE be worth now?

2 WEBB CLOSE might now be worth an estimated £477,418.

This is based on house price inflation of 27.3%, between February 2016 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 27.3% inflationary increase is applied to the most recent sale price for 2 WEBB CLOSE of £375,000 on 11th February 2016. For the value to have increased from £375,000 to £477,418 over the nine years to February 2025, the following assumptions must hold true:

• The value of 2 WEBB CLOSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The February 2016 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WEBB CLOSE has not materially changed since February 2016.

How Large is 2 WEBB CLOSE?

2 WEBB CLOSE is 106m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% 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 WEBB CLOSE lies on this distribution: 37% of detached houses houses are smaller than 2 WEBB CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

2 WEBB CLOSE: Plot and Title Map

2 WEBB CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 2 WEBB CLOSE, 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 WEBB CLOSE). 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 WEBB CLOSE?

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