3, RIDGE CLOSE, HATCH WARREN, BASINGSTOKE, RG22 4RN - £265,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 RIDGE CLOSE is a small detached house of 105m², built sometime between 1991 and 1995. It was last sold for £265,000 in May 2012, which was around 26% below the average May 2012 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was D.

3 RIDGE CLOSE Sold Prices

Land registry data shows two sales for 3 RIDGE 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 RIDGE 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
2012 11 MAY	£265,000	£359,070	26% below HPI
1995 19 JUN	£102,500	£119,452	14% below HPI

3 RIDGE 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 RIDGE CLOSE sales from June 1995 and May 2012 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 June 1995 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2012 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 3 RIDGE CLOSE?

3 RIDGE CLOSE is 105m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 40% of detached houses in Basingstoke, based on EPC data. The below chart shows the distribution of detached houses by size in Basingstoke, and where 3 RIDGE CLOSE lies on this distribution: 37% of detached houses are smaller than 3 RIDGE CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

3 RIDGE CLOSE: Plot and Title Map

3 RIDGE CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 3 RIDGE 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 RIDGE 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 RIDGE CLOSE?

3 RIDGE CLOSE is located in HATCH WARREN, in the RG22 postcode district. The below map shows the position of No. 3 on RIDGE CLOSE.