2A, PACK LANE, OAKLEY, BASINGSTOKE, RG23 7BD - £345,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2A PACK LANE is a midsized extended detached house of 117m², built sometime between 1967 and 1975. It was last sold for £345,000 in May 2007, which was around 2% below the average May 2007 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

2A PACK LANE Sold Prices

Land registry data shows two sales for 2A PACK 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. One of the two 2A PACK LANE sales was for below the average price, whilst the other was for above 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
2007 25 MAY	£345,000	£350,871	2% below HPI
1995 24 JAN	£144,000	£116,399	24% above HPI

2A PACK 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 2A PACK LANE sales from January 1995 and May 2007 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 January 1995 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the May 2007 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 2A PACK LANE?

2A PACK LANE is 117m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 50% of detached houses in Oakley, based on EPC data. The below chart shows the distribution of detached houses by size in Oakley, and where 2A PACK LANE lies on this distribution: 45% of detached houses are smaller than 2A PACK LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Oakley.

2A PACK LANE: Plot and Title Map

2A PACK LANE sits on a plot of roughly 0.137 of an acre, or 552m². The below map shows the location of 2A PACK 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 2A PACK 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 2A PACK LANE?

2A PACK LANE is located in OAKLEY, in the RG23 postcode district. The below map shows the position of No. 2A on PACK LANE.