38, WESSEX CLOSE, BASINGSTOKE, RG21 3NP - £310,000

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.

38 WESSEX CLOSE is a very small detached house of 71m², built in 2020, which could now be worth an estimated £328,930. It was last sold for £310,000 in February 2024, which was around 49% below the average February 2024 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was A.

38 WESSEX CLOSE Sold Prices

Land registry data shows two sales for 38 WESSEX 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 38 WESSEX 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 27 FEB	£310,000	£603,279	49% below HPI
2020 21 AUG	£68,000	£532,090	87% below HPI

38 WESSEX 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 38 WESSEX CLOSE sales from August 2020 and February 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 August 2020 sale was for 87% below the HPI. So the extrapolation line tracks at 87% below the HPI over time, until the February 2024 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 38 WESSEX CLOSE be worth now?

38 WESSEX CLOSE might now be worth an estimated £328,930.

This is based on house price inflation of 6.1%, between February 2024 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 6.1% inflationary increase is applied to the most recent sale price for 38 WESSEX CLOSE of £310,000 on 27th February 2024. For the value to have increased from £310,000 to £328,930 over the one year to February 2025, the following assumptions must hold true:

• The value of 38 WESSEX CLOSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The February 2024 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 38 WESSEX CLOSE has not materially changed since February 2024.

How Large is 38 WESSEX CLOSE?

38 WESSEX CLOSE is 71m² according to the EPC inspection conducted in July 2021. 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 38 WESSEX CLOSE lies on this distribution: 6% of detached houses houses are smaller than 38 WESSEX CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

38 WESSEX CLOSE: Plot and Title Map

38 WESSEX CLOSE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 38 WESSEX 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 38 WESSEX 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 38 WESSEX CLOSE?

38 WESSEX CLOSE is located in BASINGSTOKE, in the RG21 postcode district. The below map shows the position of No. 38 on WESSEX CLOSE.