3, ELM ROAD, OVERTON, BASINGSTOKE, RG25 3JJ - £515,000

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.

3 ELM ROAD is a very small extended detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £523,150. It was last sold for £515,000 in August 2022, which was around 18% below the average August 2022 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

3 ELM ROAD Sold Prices

Land registry data shows three sales for 3 ELM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. All of the three 3 ELM 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
2022 24 AUG	£515,000	£630,145	18% below HPI
2018 19 OCT	£475,000	£548,612	13% below HPI
1997 30 MAY	£54,000	£144,028	63% below HPI

3 ELM 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 three 3 ELM ROAD sales between May 1997 and August 2022 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 October 2018 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 3 ELM ROAD be worth now?

3 ELM ROAD might now be worth an estimated £523,150.

This is based on house price inflation of 1.6%, between August 2022 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 1.6% inflationary increase is applied to the most recent sale price for 3 ELM ROAD of £515,000 on 24th August 2022. For the value to have increased from £515,000 to £523,150 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 3 ELM ROAD has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The August 2022 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ELM ROAD has not materially changed since August 2022.

How Large is 3 ELM ROAD?

3 ELM ROAD is 78m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of detached houses houses in Overton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Overton, and where 3 ELM ROAD lies on this distribution: 9% of detached houses houses are smaller than 3 ELM ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Overton.

3 ELM ROAD: Plot and Title Map

3 ELM ROAD sits on a plot of roughly 0.354 of an acre, or 1,434m². The below map shows the location of 3 ELM 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 3 ELM 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 3 ELM ROAD?

3 ELM ROAD is located in OVERTON, in the RG25 postcode district. The below map shows the position of No. 3 on ELM ROAD.