5, MEDWAY AVENUE, OAKLEY, BASINGSTOKE, RG23 7DP - £425,000

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.

5 MEDWAY AVENUE is a very small detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £448,089. It was last sold for £425,000 in January 2024, which was around 30% below the average January 2024 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

5 MEDWAY AVENUE Sold Prices

Land registry data shows two sales for 5 MEDWAY AVENUE 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 MEDWAY AVENUE 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
2024 22 JAN	£425,000	£607,133	30% below HPI
2012 28 SEP	£250,000	£381,250	34% below HPI

5 MEDWAY AVENUE 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 MEDWAY AVENUE sales from September 2012 and January 2024 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 September 2012 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2024 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 5 MEDWAY AVENUE be worth now?

5 MEDWAY AVENUE might now be worth an estimated £448,089.

This is based on house price inflation of 5.4%, between January 2024 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 5.4% inflationary increase is applied to the most recent sale price for 5 MEDWAY AVENUE of £425,000 on 22nd January 2024. For the value to have increased from £425,000 to £448,089 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 5 MEDWAY AVENUE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The January 2024 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MEDWAY AVENUE has not materially changed since January 2024.

How Large is 5 MEDWAY AVENUE?

5 MEDWAY AVENUE is 74m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% 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 MEDWAY AVENUE lies on this distribution: 6% of detached houses houses are smaller than 5 MEDWAY AVENUE, and 94% of houses are larger. Note that EPC data is not available for all properties in Oakley.

5 MEDWAY AVENUE: Plot and Title Map

5 MEDWAY AVENUE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 5 MEDWAY AVENUE, 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 MEDWAY AVENUE). 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 MEDWAY AVENUE?

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