55, SAFFRON CLOSE, CHINEHAM, BASINGSTOKE, RG24 8XQ - £340,000

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

55 SAFFRON CLOSE is a very small detached house of 84m², built sometime between 1983 and 1990. It was last sold for £340,000 in June 2016, which was around 31% below the average June 2016 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

55 SAFFRON CLOSE Sold Prices

Land registry data shows three sales for 55 SAFFRON 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 55 SAFFRON 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
2016 1 JUN	£340,000	£495,885	31% below HPI
2005 18 FEB	£242,000	£318,737	24% below HPI
1996 26 JUL	£93,000	£121,788	24% below HPI

55 SAFFRON 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 55 SAFFRON CLOSE sales between July 1996 and June 2016 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 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2016 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 55 SAFFRON CLOSE?

55 SAFFRON CLOSE is 84m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 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 55 SAFFRON CLOSE lies on this distribution: 14% of detached houses are smaller than 55 SAFFRON CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

55 SAFFRON CLOSE: Plot and Title Map

55 SAFFRON CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 55 SAFFRON 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 55 SAFFRON 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 55 SAFFRON CLOSE?

55 SAFFRON CLOSE is located in CHINEHAM, in the RG24 postcode district. The below map shows the position of No. 55 on SAFFRON CLOSE.