7, RIDGE CLOSE, HATCH WARREN, BASINGSTOKE, RG22 4RN - £473,500

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

7 RIDGE CLOSE is a midsized extended detached house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £493,194. It was last sold for £473,500 in December 2023, which was around 22% below the average December 2023 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

7 RIDGE CLOSE Sold Prices

Land registry data shows five sales for 7 RIDGE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. All of the five 7 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
2023 1 DEC	£473,500	£608,885	22% below HPI
2019 1 AUG	£415,000	£530,410	22% below HPI
2009 18 NOV	£285,000	£354,045	20% below HPI
2006 3 FEB	£275,000	£326,165	16% below HPI
1995 28 JUL	£102,500	£125,162	18% below HPI

7 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 five 7 RIDGE CLOSE sales between July 1995 and December 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 2019 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2023 sale, which was also at 22% below the HPI.

What might 7 RIDGE CLOSE be worth now?

7 RIDGE CLOSE might now be worth an estimated £493,194.

This is based on house price inflation of 4.2%, between December 2023 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 4.2% inflationary increase is applied to the most recent sale price for 7 RIDGE CLOSE of £473,500 on 1st December 2023. For the value to have increased from £473,500 to £493,194 over the one year to December 2024, the following assumptions must hold true:

• The value of 7 RIDGE CLOSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The December 2023 sale price of £473,500 represented a fair market value for the property.
• The size, condition, and specification of 7 RIDGE CLOSE has not materially changed since December 2023.

How Large is 7 RIDGE CLOSE?

7 RIDGE CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 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 7 RIDGE CLOSE lies on this distribution: 44% of detached houses houses are smaller than 7 RIDGE CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

7 RIDGE CLOSE: Plot and Title Map

7 RIDGE CLOSE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 7 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 7 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 7 RIDGE CLOSE?

7 RIDGE CLOSE is located in HATCH WARREN, in the RG22 postcode district. The below map shows the position of No. 7 on RIDGE CLOSE.