31, MEDWAY AVENUE, OAKLEY, BASINGSTOKE, RG23 7DP - £409,950

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.

31 MEDWAY AVENUE is a large extended detached house of 148m², built sometime between 1967 and 1975, which could now be worth an estimated £629,731. It was last sold for £409,950 in June 2014, which was around 2% below the average June 2014 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

31 MEDWAY AVENUE Sold Prices

Land registry data shows two sales for 31 MEDWAY AVENUE 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 31 MEDWAY AVENUE 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
2014 12 JUN	£409,950	£416,711	2% below HPI
1996 27 NOV	£124,000	£131,219	6% below HPI

31 MEDWAY AVENUE 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 31 MEDWAY AVENUE sales from November 1996 and June 2014 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 November 1996 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2014 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 31 MEDWAY AVENUE be worth now?

31 MEDWAY AVENUE might now be worth an estimated £629,731.

This is based on house price inflation of 53.6%, between June 2014 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 53.6% inflationary increase is applied to the most recent sale price for 31 MEDWAY AVENUE of £409,950 on 12th June 2014. For the value to have increased from £409,950 to £629,731 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 31 MEDWAY AVENUE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The June 2014 sale price of £409,950 represented a fair market value for the property.
• The size, condition, and specification of 31 MEDWAY AVENUE has not materially changed since June 2014.

How Large is 31 MEDWAY AVENUE?

31 MEDWAY AVENUE is 148m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 30% 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 31 MEDWAY AVENUE lies on this distribution: 77% of detached houses houses are smaller than 31 MEDWAY AVENUE, and 22% of houses are larger. Note that EPC data is not available for all properties in Oakley.

31 MEDWAY AVENUE: Plot and Title Map

31 MEDWAY AVENUE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 31 MEDWAY AVENUE, 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 31 MEDWAY AVENUE). 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 31 MEDWAY AVENUE?

31 MEDWAY AVENUE is located in OAKLEY, in the RG23 postcode district. The below map shows the position of No. 31 on MEDWAY AVENUE.