4, MERRYWEATHER WAY, BASINGSTOKE, RG24 9FN - £418,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 MERRYWEATHER WAY is a very small detached house of 86m², built sometime from 2007 onwards. It was last sold for £418,000 in February 2023, which was around 32% below the average February 2023 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

4 MERRYWEATHER WAY Sold Prices

Land registry data shows three sales for 4 MERRYWEATHER WAY 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 MERRYWEATHER WAY 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
2023 1 FEB	£418,000	£614,175	32% below HPI
2020 30 MAR	£314,000	£518,997	39% below HPI
2020 27 MAR	£310,000	£518,997	40% below HPI

4 MERRYWEATHER WAY 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 MERRYWEATHER WAY sales between March 2020 and February 2023 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 March 2020 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2023 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 4 MERRYWEATHER WAY?

4 MERRYWEATHER WAY is 86m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% 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 MERRYWEATHER WAY lies on this distribution: 16% of detached houses are smaller than 4 MERRYWEATHER WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

4 MERRYWEATHER WAY: Plot and Title Map

4 MERRYWEATHER WAY sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 4 MERRYWEATHER WAY, 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 MERRYWEATHER WAY). 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 MERRYWEATHER WAY?

4 MERRYWEATHER WAY is located in BASINGSTOKE, in the RG24 postcode district. The below map shows the position of No. 4 on MERRYWEATHER WAY.