3, SEVERN GARDENS, OAKLEY, BASINGSTOKE, RG23 7AT - £530,000

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 SEVERN GARDENS is a very large extended detached house of 161m², built sometime between 1967 and 1975, which could now be worth an estimated £561,758. It was last sold for £530,000 in March 2022, which was around 12% below the average March 2022 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.

3 SEVERN GARDENS Sold Prices

Land registry data shows two sales for 3 SEVERN 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 SEVERN 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
2022 4 MAR	£530,000	£603,929	12% below HPI
2004 14 APR	£272,000	£320,929	15% below HPI

3 SEVERN 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 SEVERN GARDENS sales from April 2004 and March 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 April 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 3 SEVERN GARDENS be worth now?

3 SEVERN GARDENS might now be worth an estimated £561,758.

This is based on house price inflation of 6%, between March 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 6% inflationary increase is applied to the most recent sale price for 3 SEVERN GARDENS of £530,000 on 4th March 2022. For the value to have increased from £530,000 to £561,758 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 3 SEVERN GARDENS has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The March 2022 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SEVERN GARDENS has not materially changed since March 2022.

How Large is 3 SEVERN GARDENS?

3 SEVERN GARDENS is 161m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 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 SEVERN GARDENS lies on this distribution: 83% of detached houses houses are smaller than 3 SEVERN GARDENS, and 16% of houses are larger. Note that EPC data is not available for all properties in Oakley.

3 SEVERN GARDENS: Plot and Title Map

3 SEVERN GARDENS sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 3 SEVERN 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 SEVERN 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 SEVERN GARDENS?

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