22, PARK CLOSE, OAKLEY, BASINGSTOKE, RG23 7LE - £540,000

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.

22 PARK CLOSE is a midsized extended detached house of 117m², built sometime between 1967 and 1975, which could now be worth an estimated £620,606. It was last sold for £540,000 in June 2021, which was around 3% below the average June 2021 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

22 PARK CLOSE Sold Prices

Land registry data shows four sales for 22 PARK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. All of the four 22 PARK 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
2021 28 JUN	£540,000	£556,977	3% below HPI
2010 15 SEP	£350,000	£377,352	7% below HPI
2007 12 APR	£340,000	£365,237	7% below HPI
1995 25 MAY	£111,000	£122,934	10% below HPI

22 PARK 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 four 22 PARK CLOSE sales between May 1995 and June 2021 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 2010 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 22 PARK CLOSE be worth now?

22 PARK CLOSE might now be worth an estimated £620,606.

This is based on house price inflation of 14.9%, between June 2021 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 14.9% inflationary increase is applied to the most recent sale price for 22 PARK CLOSE of £540,000 on 28th June 2021. For the value to have increased from £540,000 to £620,606 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 22 PARK CLOSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The June 2021 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 22 PARK CLOSE has not materially changed since June 2021.

How Large is 22 PARK CLOSE?

22 PARK CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 50% 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 22 PARK CLOSE lies on this distribution: 44% of detached houses houses are smaller than 22 PARK CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Oakley.

22 PARK CLOSE: Plot and Title Map

22 PARK CLOSE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 22 PARK 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 22 PARK 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 22 PARK CLOSE?

22 PARK CLOSE is located in OAKLEY, in the RG23 postcode district. The below map shows the position of No. 22 on PARK CLOSE.