4, MELFORD GARDENS, BASINGSTOKE, RG22 5EZ - £525,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 MELFORD GARDENS is a large extended detached house of 135m², built sometime between 1976 and 1982. It was last sold for £525,000 in March 2022, which was around 10% below the average March 2022 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

4 MELFORD GARDENS Sold Prices

Land registry data shows two sales for 4 MELFORD 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 4 MELFORD 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 30 MAR	£525,000	£580,229	10% below HPI
2000 7 APR	£193,000	£199,510	3% below HPI

4 MELFORD 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 4 MELFORD GARDENS sales from April 2000 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 2000 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 4 MELFORD GARDENS?

4 MELFORD GARDENS is 135m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 30% of detached houses in Basingstoke, based on EPC data. The below chart shows the distribution of detached houses by size in Basingstoke, and where 4 MELFORD GARDENS lies on this distribution: 71% of detached houses are smaller than 4 MELFORD GARDENS, and 28% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

4 MELFORD GARDENS: Plot and Title Map

4 MELFORD GARDENS sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 4 MELFORD 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 4 MELFORD 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 4 MELFORD GARDENS?

4 MELFORD GARDENS is located in BASINGSTOKE, in the RG22 postcode district. The below map shows the position of No. 4 on MELFORD GARDENS.