Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
7 VESPASIAN GARDENS is a midsized extended detached house of 111m², built sometime between 1996 and 2002. It was last sold for £522,500 in August 2023, which was around 15% below the average August 2023 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 7 VESPASIAN GARDENS since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. All of the four 7 VESPASIAN GARDENS 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 15 AUG | £522,500 | £614,691 | 15% below HPI |
2004 25 MAR | £258,500 | £314,319 | 18% below HPI |
2002 29 MAY | £225,000 | £260,972 | 14% below HPI |
1999 29 JAN | £152,500 | £166,002 | 8% below HPI |
The below graph shows the average detached house price in the Basingstoke and Deane local authority area over time, sourced from the HPI. The four 7 VESPASIAN GARDENS sales between January 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 March 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.
7 VESPASIAN GARDENS is 111m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 50% 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 VESPASIAN GARDENS lies on this distribution: 43% of detached houses are smaller than 7 VESPASIAN GARDENS, and 56% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.
7 VESPASIAN GARDENS sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 7 VESPASIAN GARDENS, 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 VESPASIAN GARDENS). 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.
7 VESPASIAN GARDENS is located in BASINGSTOKE, in the RG24 postcode district. The below map shows the position of No. 7 on VESPASIAN GARDENS.