3, MEDINA GARDENS, OAKLEY, BASINGSTOKE, RG23 7AY - £300,000

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 MEDINA GARDENS is a very small detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £434,773. It was last sold for £300,000 in February 2015, which was around 33% below the average February 2015 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was D.

3 MEDINA GARDENS Sold Prices

Land registry data shows two sales for 3 MEDINA GARDENS 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 MEDINA GARDENS 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
2015 5 FEB	£300,000	£444,651	33% below HPI
2009 13 JUL	£220,000	£327,384	33% below HPI

3 MEDINA GARDENS 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 MEDINA GARDENS sales from July 2009 and February 2015 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 July 2009 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2015 sale, which was also at 33% below the HPI.

What might 3 MEDINA GARDENS be worth now?

3 MEDINA GARDENS might now be worth an estimated £434,773.

This is based on house price inflation of 44.9%, between February 2015 and March 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 44.9% inflationary increase is applied to the most recent sale price for 3 MEDINA GARDENS of £300,000 on 5th February 2015. For the value to have increased from £300,000 to £434,773 over the nine years and eleven months to March 2025, the following assumptions must hold true:

• The value of 3 MEDINA GARDENS has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The February 2015 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MEDINA GARDENS has not materially changed since February 2015.

How Large is 3 MEDINA GARDENS?

3 MEDINA GARDENS is 85m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 20% of detached houses houses in Oakley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakley, and where 3 MEDINA GARDENS lies on this distribution: 14% of detached houses houses are smaller than 3 MEDINA GARDENS, and 86% of houses are larger. Note that EPC data is not available for all properties in Oakley.

3 MEDINA GARDENS: Plot and Title Map

3 MEDINA GARDENS sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 3 MEDINA GARDENS, 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 MEDINA GARDENS). 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 MEDINA GARDENS?

3 MEDINA GARDENS is located in OAKLEY, in the RG23 postcode district. The below map shows the position of No. 3 on MEDINA GARDENS.