7A, CADNAM CLOSE, OAKLEY, BASINGSTOKE, RG23 7AF - £355,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7A CADNAM CLOSE is a very small detached house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £421,671. It was last sold for £355,000 in December 2018, which was around 34% below the average December 2018 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

7A CADNAM CLOSE Sold Prices

Land registry data shows three sales for 7A CADNAM 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 7A CADNAM 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
2018 6 DEC	£355,000	£538,907	34% below HPI
2003 10 JAN	£192,000	£313,350	39% below HPI
1995 5 MAY	£78,000	£122,934	37% below HPI

7A CADNAM 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 7A CADNAM CLOSE sales between May 1995 and December 2018 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 January 2003 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2018 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 7A CADNAM CLOSE be worth now?

7A CADNAM CLOSE might now be worth an estimated £421,671.

This is based on house price inflation of 18.8%, between December 2018 and February 2025, 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 18.8% inflationary increase is applied to the most recent sale price for 7A CADNAM CLOSE of £355,000 on 6th December 2018. For the value to have increased from £355,000 to £421,671 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 7A CADNAM CLOSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The December 2018 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 7A CADNAM CLOSE has not materially changed since December 2018.

How Large is 7A CADNAM CLOSE?

7A CADNAM CLOSE is 65m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of detached houses houses in Oakley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakley, and where 7A CADNAM CLOSE lies on this distribution: 2% of detached houses houses are smaller than 7A CADNAM CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Oakley.

7A CADNAM CLOSE: Plot and Title Map

7A CADNAM CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 7A CADNAM 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 7A CADNAM 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 7A CADNAM CLOSE?

7A CADNAM CLOSE is located in OAKLEY, in the RG23 postcode district. The below map shows the position of No. 7A on CADNAM CLOSE.