4, ITCHEN CLOSE, OAKLEY, BASINGSTOKE, RG23 7DL - £412,500

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.

4 ITCHEN CLOSE is a very small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £480,975. It was last sold for £412,500 in March 2021, which was around 25% below the average March 2021 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

4 ITCHEN CLOSE Sold Prices

Land registry data shows three sales for 4 ITCHEN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. All of the three 4 ITCHEN 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
2021 15 MAR	£412,500	£548,985	25% below HPI
2009 24 JUL	£250,000	£327,384	24% below HPI
2002 3 APR	£175,000	£266,033	34% below HPI

4 ITCHEN 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 three 4 ITCHEN CLOSE sales between April 2002 and March 2021 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 4 ITCHEN CLOSE be worth now?

4 ITCHEN CLOSE might now be worth an estimated £480,975.

This is based on house price inflation of 16.6%, between March 2021 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 16.6% inflationary increase is applied to the most recent sale price for 4 ITCHEN CLOSE of £412,500 on 15th March 2021. For the value to have increased from £412,500 to £480,975 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 4 ITCHEN CLOSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The March 2021 sale price of £412,500 represented a fair market value for the property.
• The size, condition, and specification of 4 ITCHEN CLOSE has not materially changed since March 2021.

How Large is 4 ITCHEN CLOSE?

4 ITCHEN CLOSE is 90m² according to the EPC inspection conducted in July 2019. 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 4 ITCHEN CLOSE lies on this distribution: 19% of detached houses houses are smaller than 4 ITCHEN CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Oakley.

4 ITCHEN CLOSE: Plot and Title Map

4 ITCHEN CLOSE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 4 ITCHEN 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 4 ITCHEN 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 4 ITCHEN CLOSE?

4 ITCHEN CLOSE is located in OAKLEY, in the RG23 postcode district. The below map shows the position of No. 4 on ITCHEN CLOSE.