7, FOUR LANES CLOSE, CHINEHAM, BASINGSTOKE, RG24 8RN - £285,000

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

7 FOUR LANES CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £285,000 in April 2014, which was around 27% below the average April 2014 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.

7 FOUR LANES CLOSE Sold Prices

Land registry data shows two sales for 7 FOUR LANES CLOSE 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 7 FOUR LANES 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 9 APR	£285,000	£390,165	27% below HPI
1996 29 MAR	£80,500	£119,844	33% below HPI

7 FOUR LANES 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 two 7 FOUR LANES CLOSE sales from March 1996 and April 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 March 1996 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2014 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 7 FOUR LANES CLOSE?

7 FOUR LANES CLOSE is 74m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses in Basingstoke, based on EPC data. The below chart shows the distribution of detached houses by size in Basingstoke, and where 7 FOUR LANES CLOSE lies on this distribution: 7% of detached houses are smaller than 7 FOUR LANES CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

7 FOUR LANES CLOSE: Plot and Title Map

7 FOUR LANES CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 7 FOUR LANES 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 7 FOUR LANES 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 7 FOUR LANES CLOSE?

7 FOUR LANES CLOSE is located in CHINEHAM, in the RG24 postcode district. The below map shows the position of No. 7 on FOUR LANES CLOSE.