5, HIGHER MEAD, LYCHPIT, BASINGSTOKE, RG24 8YL - £480,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 HIGHER MEAD is a midsized detached house of 124m², built sometime between 1991 and 1995. It was last sold for £480,000 in June 2020, which was around 9% below the average June 2020 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

5 HIGHER MEAD Sold Prices

Land registry data shows three sales for 5 HIGHER MEAD 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 HIGHER MEAD 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
2020 12 JUN	£480,000	£526,352	9% below HPI
2007 7 FEB	£310,000	£351,399	12% below HPI
2003 1 SEP	£280,000	£298,586	6% below HPI

5 HIGHER MEAD 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 HIGHER MEAD sales between September 2003 and June 2020 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 February 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2020 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 5 HIGHER MEAD?

5 HIGHER MEAD is 124m² according to the EPC inspection conducted in January 2020. This puts it in the largest 40% of detached houses in Basingstoke, based on EPC data. The below chart shows the distribution of detached houses by size in Basingstoke, and where 5 HIGHER MEAD lies on this distribution: 59% of detached houses are smaller than 5 HIGHER MEAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

5 HIGHER MEAD: Plot and Title Map

5 HIGHER MEAD sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 5 HIGHER MEAD, 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 HIGHER MEAD). 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 HIGHER MEAD?

5 HIGHER MEAD is located in LYCHPIT, in the RG24 postcode district. The below map shows the position of No. 5 on HIGHER MEAD.