8, LAUREL CLOSE, OAKLEY, BASINGSTOKE, RG23 7LN - £645,000

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

8 LAUREL CLOSE is a very large extended detached house of 170m², built sometime between 2007 and 2011. It was last sold for £645,000 in June 2024, which was around 6% above the average June 2024 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

8 LAUREL CLOSE Sold Prices

Land registry data shows three sales for 8 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. All of the three 8 LAUREL CLOSE sales 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
2024 3 JUN	£645,000	£609,688	6% above HPI
2007 4 JUL	£465,000	£362,965	28% above HPI
2003 27 JUN	£424,995	£293,369	45% above HPI

8 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 8 LAUREL CLOSE sales between June 2003 and June 2024 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 2007 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the June 2024 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 8 LAUREL CLOSE?

8 LAUREL CLOSE is 170m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 20% of detached houses in Oakley, based on EPC data. The below chart shows the distribution of detached houses by size in Oakley, and where 8 LAUREL CLOSE lies on this distribution: 88% of detached houses are smaller than 8 LAUREL CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Oakley.

8 LAUREL CLOSE: Plot and Title Map

8 LAUREL CLOSE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 8 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 8 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 8 LAUREL CLOSE?

8 LAUREL CLOSE is located in OAKLEY, in the RG23 postcode district. The below map shows the position of No. 8 on LAUREL CLOSE.