5, CORMORANT CLOSE, BASINGSTOKE, RG22 5QS - £548,000

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

5 CORMORANT CLOSE is a large extended detached house of 135m², built sometime between 1967 and 1975, which could now be worth an estimated £543,668. It was last sold for £548,000 in February 2023, which was around 14% below the average February 2023 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

5 CORMORANT CLOSE Sold Prices

Land registry data shows three sales for 5 CORMORANT 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 5 CORMORANT 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 9 FEB	£548,000	£639,263	14% below HPI
2011 23 MAY	£332,500	£366,935	9% below HPI
2000 22 SEP	£168,000	£233,645	28% below HPI

5 CORMORANT 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 5 CORMORANT CLOSE sales between September 2000 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 May 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 5 CORMORANT CLOSE be worth now?

5 CORMORANT CLOSE might now be worth an estimated £543,668.

This is based on house price deflation of 0.8%, between February 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 0.8% deflationary decrease is applied to the most recent sale price for 5 CORMORANT CLOSE of £548,000 on 9th February 2023. For the value to have decreased from £548,000 to £543,668 over the two months to December 2024, the following assumptions must hold true:

• The value of 5 CORMORANT CLOSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The February 2023 sale price of £548,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CORMORANT CLOSE has not materially changed since February 2023.

How Large is 5 CORMORANT CLOSE?

5 CORMORANT CLOSE is 135m², which includes three extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 30% 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 5 CORMORANT CLOSE lies on this distribution: 71% of detached houses houses are smaller than 5 CORMORANT CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

5 CORMORANT CLOSE: Plot and Title Map

5 CORMORANT CLOSE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 5 CORMORANT 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 CORMORANT 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 CORMORANT CLOSE?

5 CORMORANT CLOSE is located in BASINGSTOKE, in the RG22 postcode district. The below map shows the position of No. 5 on CORMORANT CLOSE.