40, SIMONS CLOSE, CHINEHAM, BASINGSTOKE, RG24 8ZF - £406,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

40 SIMONS CLOSE is a very small detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £422,887. It was last sold for £406,000 in December 2023, which was around 33% below the average December 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.

40 SIMONS CLOSE Sold Prices

Land registry data shows five sales for 40 SIMONS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. All of the five 40 SIMONS 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
2023 8 DEC	£406,000	£608,885	33% below HPI
2007 10 AUG	£235,000	£391,345	40% below HPI
2004 11 NOV	£190,000	£340,081	44% below HPI
2001 18 MAY	£125,000	£236,666	47% below HPI
1998 3 SEP	£94,950	£173,224	45% below HPI

40 SIMONS 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 five 40 SIMONS CLOSE sales between September 1998 and December 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 August 2007 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2023 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 40 SIMONS CLOSE be worth now?

40 SIMONS CLOSE might now be worth an estimated £422,887.

This is based on house price inflation of 4.2%, between December 2023 and December 2024, 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 4.2% inflationary increase is applied to the most recent sale price for 40 SIMONS CLOSE of £406,000 on 8th December 2023. For the value to have increased from £406,000 to £422,887 over the one year to December 2024, the following assumptions must hold true:

• The value of 40 SIMONS CLOSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The December 2023 sale price of £406,000 represented a fair market value for the property.
• The size, condition, and specification of 40 SIMONS CLOSE has not materially changed since December 2023.

How Large is 40 SIMONS CLOSE?

40 SIMONS CLOSE is 69m² according to the EPC inspection conducted in January 2020. 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 40 SIMONS CLOSE lies on this distribution: 5% of detached houses houses are smaller than 40 SIMONS CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

40 SIMONS CLOSE: Plot and Title Map

40 SIMONS CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 40 SIMONS 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 40 SIMONS 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 40 SIMONS CLOSE?

40 SIMONS CLOSE is located in CHINEHAM, in the RG24 postcode district. The below map shows the position of No. 40 on SIMONS CLOSE.