5, CADNAM CLOSE, OAKLEY, BASINGSTOKE, RG23 7AF - £334,950

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

5 CADNAM CLOSE is a small detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £533,742. It was last sold for £334,950 in January 2014, which was around 17% below the average January 2014 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

5 CADNAM CLOSE Sold Prices

Land registry data shows two sales for 5 CADNAM CLOSE 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 5 CADNAM 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
2014 9 JAN	£334,950	£401,706	17% below HPI
2003 15 JAN	£215,000	£313,350	31% below HPI

5 CADNAM 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 two 5 CADNAM CLOSE sales from January 2003 and January 2014 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 January 2003 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2014 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 5 CADNAM CLOSE be worth now?

5 CADNAM CLOSE might now be worth an estimated £533,742.

This is based on house price inflation of 59.3%, between January 2014 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 59.3% inflationary increase is applied to the most recent sale price for 5 CADNAM CLOSE of £334,950 on 9th January 2014. For the value to have increased from £334,950 to £533,742 over the ten years and eleven months to February 2025, the following assumptions must hold true:

• The value of 5 CADNAM CLOSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The January 2014 sale price of £334,950 represented a fair market value for the property.
• The size, condition, and specification of 5 CADNAM CLOSE has not materially changed since January 2014.

How Large is 5 CADNAM CLOSE?

5 CADNAM CLOSE is 93m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% 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 5 CADNAM CLOSE lies on this distribution: 23% of detached houses houses are smaller than 5 CADNAM CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Oakley.

5 CADNAM CLOSE: Plot and Title Map

5 CADNAM CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 5 CADNAM 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 5 CADNAM 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 5 CADNAM CLOSE?

5 CADNAM CLOSE is located in OAKLEY, in the RG23 postcode district. The below map shows the position of No. 5 on CADNAM CLOSE.