2, WOOD CLOSE, BASINGSTOKE, RG22 4XU - £525,000

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 WOOD CLOSE is a midsized extended detached house of 116m², built sometime between 1991 and 1995, which could now be worth an estimated £531,691. It was last sold for £525,000 in November 2024, which was around 17% below the average November 2024 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

2 WOOD CLOSE Sold Prices

Land registry data shows two sales for 2 WOOD CLOSE 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 WOOD 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
2024 15 NOV	£525,000	£632,061	17% below HPI
2008 23 MAY	£310,000	£385,281	20% below HPI

2 WOOD 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 two 2 WOOD CLOSE sales from May 2008 and November 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 May 2008 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2024 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 WOOD CLOSE be worth now?

2 WOOD CLOSE might now be worth an estimated £531,691.

This is based on house price inflation of 1.3%, between November 2024 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 1.3% inflationary increase is applied to the most recent sale price for 2 WOOD CLOSE of £525,000 on 15th November 2024. For the value to have increased from £525,000 to £531,691 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 2 WOOD CLOSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The November 2024 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WOOD CLOSE has not materially changed since November 2024.

How Large is 2 WOOD CLOSE?

2 WOOD CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the largest 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 WOOD CLOSE lies on this distribution: 49% of detached houses houses are smaller than 2 WOOD CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

2 WOOD CLOSE: Plot and Title Map

2 WOOD CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 2 WOOD 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 WOOD 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 WOOD CLOSE?

2 WOOD CLOSE is located in BASINGSTOKE, in the RG22 postcode district. The below map shows the position of No. 2 on WOOD CLOSE.