23, READING ROAD, CHINEHAM, BASINGSTOKE, RG24 8LN - £285,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

23 READING ROAD is a very small semi-detached house of 60m², built sometime between 2003 and 2006. It was last sold for £285,000 in June 2017, which was around 44% below the average June 2017 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

23 READING ROAD Sold Prices

Land registry data shows five sales for 23 READING ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. Most of the five 23 READING ROAD 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
2017 2 JUN	£285,000	£510,738	44% below HPI
2013 5 AUG	£211,000	£379,818	44% below HPI
2006 4 AUG	£186,000	£333,620	44% below HPI
2004 7 MAY	£184,950	£302,458	39% below HPI
2003 17 JUN	£381,000	£293,369	30% above HPI

23 READING ROAD 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 five 23 READING ROAD sales between June 2003 and June 2017 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 August 2013 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2017 sale, which was also at 44% below the HPI.

How Large is 23 READING ROAD?

23 READING ROAD is 60m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses in Basingstoke, based on EPC data. The below chart shows the distribution of detached houses by size in Basingstoke, and where 23 READING ROAD lies on this distribution: 2% of detached houses are smaller than 23 READING ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

23 READING ROAD: Plot and Title Map

23 READING ROAD sits on a plot of roughly 0.024 of an acre, or 98m². The below map shows the location of 23 READING ROAD, 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 23 READING ROAD). 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 23 READING ROAD?

23 READING ROAD is located in CHINEHAM, in the RG24 postcode district. The below map shows the position of No. 23 on READING ROAD.