28, PENNY BLACK LANE, BASINGSTOKE, RG24 9TG - £230,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

28 PENNY BLACK LANE is a very small detached house of 88m², built sometime from 2007 onwards, which could now be worth an estimated £373,744. It was last sold for £230,000 in July 2013, which was around 41% below the average July 2013 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was B.

28 PENNY BLACK LANE Sold Prices

Land registry data shows two sales for 28 PENNY BLACK LANE 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 28 PENNY BLACK LANE 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
2013 18 JUL	£230,000	£390,289	41% below HPI
2009 18 DEC	£197,950	£351,621	44% below HPI

28 PENNY BLACK LANE 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 28 PENNY BLACK LANE sales from December 2009 and July 2013 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 December 2009 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the July 2013 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 28 PENNY BLACK LANE be worth now?

28 PENNY BLACK LANE might now be worth an estimated £373,744.

This is based on house price inflation of 62.5%, between July 2013 and December 2024, 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 62.5% inflationary increase is applied to the most recent sale price for 28 PENNY BLACK LANE of £230,000 on 18th July 2013. For the value to have increased from £230,000 to £373,744 over the ten years and seven months to December 2024, the following assumptions must hold true:

• The value of 28 PENNY BLACK LANE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The July 2013 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 28 PENNY BLACK LANE has not materially changed since July 2013.

How Large is 28 PENNY BLACK LANE?

28 PENNY BLACK LANE is 88m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 20% 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 28 PENNY BLACK LANE lies on this distribution: 17% of detached houses houses are smaller than 28 PENNY BLACK LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

28 PENNY BLACK LANE: Plot and Title Map

28 PENNY BLACK LANE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 28 PENNY BLACK LANE, 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 28 PENNY BLACK LANE). 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 28 PENNY BLACK LANE?

28 PENNY BLACK LANE is located in BASINGSTOKE, in the RG24 postcode district. The below map shows the position of No. 28 on PENNY BLACK LANE.