3, FALCON CLOSE, BASINGSTOKE, RG22 5PP - £375,000

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

3 FALCON CLOSE is a very small detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £371,354. It was last sold for £375,000 in October 2024, which was around 41% below the average October 2024 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

3 FALCON CLOSE Sold Prices

Land registry data shows two sales for 3 FALCON CLOSE 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 3 FALCON 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
2024 14 OCT	£375,000	£640,437	41% below HPI
2002 11 APR	£144,000	£266,033	46% below HPI

3 FALCON 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 two 3 FALCON CLOSE sales from April 2002 and October 2024 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 April 2002 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2024 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 3 FALCON CLOSE be worth now?

3 FALCON CLOSE might now be worth an estimated £371,354.

This is based on house price deflation of 1%, between October 2024 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 1% deflationary decrease is applied to the most recent sale price for 3 FALCON CLOSE of £375,000 on 14th October 2024. For the value to have decreased from £375,000 to £371,354 over the ten months to December 2024, the following assumptions must hold true:

• The value of 3 FALCON CLOSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The October 2024 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FALCON CLOSE has not materially changed since October 2024.

How Large is 3 FALCON CLOSE?

3 FALCON CLOSE is 77m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 10% 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 3 FALCON CLOSE lies on this distribution: 9% of detached houses houses are smaller than 3 FALCON CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

3 FALCON CLOSE: Plot and Title Map

3 FALCON CLOSE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 3 FALCON 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 3 FALCON 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 3 FALCON CLOSE?

3 FALCON CLOSE is located in BASINGSTOKE, in the RG22 postcode district. The below map shows the position of No. 3 on FALCON CLOSE.