Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
5 MERRIATT CLOSE is a very large extended detached house of 163m², built sometime between 1950 and 1966. It was last sold for £675,000 in October 2022, which was around 10% above the average October 2022 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 5 MERRIATT CLOSE since 1st 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 MERRIATT CLOSE sales were for above 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 |
---|---|---|---|
2022 14 OCT | £675,000 | £612,636 | 10% above HPI |
2003 16 JUL | £318,500 | £295,938 | 8% above HPI |
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 MERRIATT CLOSE sales from July 2003 and October 2022 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 July 2003 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2022 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.
5 MERRIATT CLOSE is 163m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 20% 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 MERRIATT CLOSE lies on this distribution: 88% of detached houses are smaller than 5 MERRIATT CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.
5 MERRIATT CLOSE sits on a plot of roughly 0.258 of an acre, or 1,045m². The below map shows the location of 5 MERRIATT 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 MERRIATT 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.
5 MERRIATT CLOSE is located in BASINGSTOKE, in the RG21 postcode district. The below map shows the position of No. 5 on MERRIATT CLOSE.