7A, LAUREL CLOSE, OAKLEY, BASINGSTOKE, RG23 7LN - £495,000

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

7A LAUREL CLOSE is a midsized detached house of 119m², built sometime from 2007 onwards, which could now be worth an estimated £582,173. It was last sold for £495,000 in July 2018, which was around 9% below the average July 2018 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

7A LAUREL CLOSE Sold Prices

Land registry data shows three sales for 7A LAUREL 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. Two of the three 7A LAUREL CLOSE sales were for below the average price, whilst one was for above 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 30 JUL	£495,000	£544,268	9% below HPI
2016 25 NOV	£512,500	£522,256	2% below HPI
2011 28 JAN	£372,000	£365,622	2% above HPI

7A LAUREL 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 LAUREL CLOSE sales between January 2011 and July 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 November 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2018 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 7A LAUREL CLOSE be worth now?

7A LAUREL CLOSE might now be worth an estimated £582,173.

This is based on house price inflation of 17.6%, between July 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 17.6% inflationary increase is applied to the most recent sale price for 7A LAUREL CLOSE of £495,000 on 30th July 2018. For the value to have increased from £495,000 to £582,173 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 7A LAUREL CLOSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The July 2018 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 7A LAUREL CLOSE has not materially changed since July 2018.

How Large is 7A LAUREL CLOSE?

7A LAUREL CLOSE is 119m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 50% 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 LAUREL CLOSE lies on this distribution: 48% of detached houses houses are smaller than 7A LAUREL CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Oakley.

7A LAUREL CLOSE: Plot and Title Map

7A LAUREL CLOSE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 7A LAUREL 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 LAUREL 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 LAUREL CLOSE?

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