8, GANNET CLOSE, BASINGSTOKE, RG22 5QN - £499,950

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

8 GANNET CLOSE is a midsized extended detached house of 123m², built sometime between 1967 and 1975, which could now be worth an estimated £558,759. It was last sold for £499,950 in September 2021, which was around 12% below the average September 2021 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

8 GANNET CLOSE Sold Prices

Land registry data shows four sales for 8 GANNET CLOSE since 1^st 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 8 GANNET 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
2021 24 SEP	£499,950	£567,460	12% below HPI
2019 12 JUL	£440,000	£515,920	15% below HPI
2011 28 JUN	£342,000	£365,997	7% below HPI
2007 2 JUL	£339,000	£377,791	10% below HPI

8 GANNET 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 four 8 GANNET CLOSE sales between July 2007 and September 2021 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 July 2019 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 8 GANNET CLOSE be worth now?

8 GANNET CLOSE might now be worth an estimated £558,759.

This is based on house price inflation of 11.8%, between September 2021 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 11.8% inflationary increase is applied to the most recent sale price for 8 GANNET CLOSE of £499,950 on 24th September 2021. For the value to have increased from £499,950 to £558,759 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 8 GANNET CLOSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The September 2021 sale price of £499,950 represented a fair market value for the property.
• The size, condition, and specification of 8 GANNET CLOSE has not materially changed since September 2021.

How Large is 8 GANNET CLOSE?

8 GANNET CLOSE is 123m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 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 8 GANNET CLOSE lies on this distribution: 58% of detached houses houses are smaller than 8 GANNET CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

8 GANNET CLOSE: Plot and Title Map

8 GANNET CLOSE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 8 GANNET 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 8 GANNET 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 8 GANNET CLOSE?

8 GANNET CLOSE is located in BASINGSTOKE, in the RG22 postcode district. The below map shows the position of No. 8 on GANNET CLOSE.