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

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

7A LAUREL CLOSE is a midsized detached house of 119m², built sometime from 2007 onwards. It was last sold for £495,000 in July 2018, which was around 5% 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. One of the three 7A LAUREL CLOSE sales was for below the average price, whilst two were 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	£522,908	5% below HPI
2016 25 NOV	£512,500	£501,760	2% above HPI
2011 28 JAN	£372,000	£351,273	6% 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% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2018 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

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 in Oakley, based on EPC data. The below chart shows the distribution of detached houses by size in Oakley, and where 7A LAUREL CLOSE lies on this distribution: 49% of detached houses are smaller than 7A LAUREL CLOSE, and 50% 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.