61, OAKLEY LANE, OAKLEY, BASINGSTOKE, RG23 7JT - £450,000

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

61 OAKLEY LANE is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £450,000 in August 2023, which was around 27% below the average August 2023 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

61 OAKLEY LANE Sold Prices

Land registry data shows two sales for 61 OAKLEY LANE 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 61 OAKLEY LANE 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
2023 10 AUG	£450,000	£614,944	27% below HPI
1999 6 AUG	£140,000	£182,841	23% below HPI

61 OAKLEY LANE 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 61 OAKLEY LANE sales from August 1999 and August 2023 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 August 1999 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 61 OAKLEY LANE?

61 OAKLEY LANE is 75m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of detached houses in Oakley, based on EPC data. The below chart shows the distribution of detached houses by size in Oakley, and where 61 OAKLEY LANE lies on this distribution: 6% of detached houses are smaller than 61 OAKLEY LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Oakley.

61 OAKLEY LANE: Plot and Title Map

61 OAKLEY LANE sits on a plot of roughly 0.149 of an acre, or 603m². The below map shows the location of 61 OAKLEY LANE, 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 61 OAKLEY LANE). 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 61 OAKLEY LANE?

61 OAKLEY LANE is located in OAKLEY, in the RG23 postcode district. The below map shows the position of No. 61 on OAKLEY LANE.