4, PARK CLOSE, OAKLEY, BASINGSTOKE, RG23 7LE - £477,250

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 PARK CLOSE is a midsized extended detached house of 128m², built sometime between 1967 and 1975, which could now be worth an estimated £556,739. It was last sold for £477,250 in November 2017, which was around 13% below the average November 2017 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

4 PARK CLOSE Sold Prices

Land registry data shows three sales for 4 PARK 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 PARK 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
2017 7 NOV	£477,250	£548,724	13% below HPI
2001 22 OCT	£172,000	£263,744	35% below HPI
1996 31 JUL	£92,000	£126,763	27% below HPI

4 PARK 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 PARK CLOSE sales between July 1996 and November 2017 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 October 2001 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2017 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 4 PARK CLOSE be worth now?

4 PARK CLOSE might now be worth an estimated £556,739.

This is based on house price inflation of 16.7%, between November 2017 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 16.7% inflationary increase is applied to the most recent sale price for 4 PARK CLOSE of £477,250 on 7th November 2017. For the value to have increased from £477,250 to £556,739 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 PARK CLOSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The November 2017 sale price of £477,250 represented a fair market value for the property.
• The size, condition, and specification of 4 PARK CLOSE has not materially changed since November 2017.

How Large is 4 PARK CLOSE?

4 PARK CLOSE is 128m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 50% 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 PARK CLOSE lies on this distribution: 59% of detached houses houses are smaller than 4 PARK CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Oakley.

4 PARK CLOSE: Plot and Title Map

4 PARK CLOSE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 4 PARK 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 PARK 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 PARK CLOSE?

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