5, RIDGE CLOSE, HATCH WARREN, BASINGSTOKE, RG22 4RN - £360,000

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 RIDGE CLOSE is a midsized detached house of 120m², built sometime between 1991 and 1995, which could now be worth an estimated £518,265. It was last sold for £360,000 in December 2014, which was around 18% below the average December 2014 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

5 RIDGE CLOSE Sold Prices

Land registry data shows three sales for 5 RIDGE 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 RIDGE 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 19 DEC	£360,000	£440,538	18% below HPI
2009 30 OCT	£281,000	£349,434	20% below HPI
1995 16 JUN	£100,000	£124,331	20% below HPI

5 RIDGE 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 RIDGE CLOSE sales between June 1995 and December 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 October 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2014 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 5 RIDGE CLOSE be worth now?

5 RIDGE CLOSE might now be worth an estimated £518,265.

This is based on house price inflation of 44%, between December 2014 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 44% inflationary increase is applied to the most recent sale price for 5 RIDGE CLOSE of £360,000 on 19th December 2014. For the value to have increased from £360,000 to £518,265 over the ten years to December 2024, the following assumptions must hold true:

• The value of 5 RIDGE CLOSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The December 2014 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RIDGE CLOSE has not materially changed since December 2014.

How Large is 5 RIDGE CLOSE?

5 RIDGE CLOSE is 120m² according to the EPC inspection conducted in May 2009. This puts it in the largest 50% 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 RIDGE CLOSE lies on this distribution: 55% of detached houses houses are smaller than 5 RIDGE CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

5 RIDGE CLOSE: Plot and Title Map

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

5 RIDGE CLOSE is located in HATCH WARREN, in the RG22 postcode district. The below map shows the position of No. 5 on RIDGE CLOSE.