9, PARCEL DRIVE, BASINGSTOKE, RG24 9TF - £395,000

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

9 PARCEL DRIVE is a midsized detached house of 110m², built sometime from 2007 onwards, which could now be worth an estimated £487,722. It was last sold for £395,000 in June 2019, which was around 24% below the average June 2019 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

9 PARCEL DRIVE Sold Prices

Land registry data shows three sales for 9 PARCEL DRIVE 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 9 PARCEL DRIVE 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
2019 7 JUN	£395,000	£518,423	24% below HPI
2019 28 FEB	£435,000	£551,435	21% below HPI
2010 30 SEP	£275,000	£377,352	27% below HPI

9 PARCEL DRIVE 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 9 PARCEL DRIVE sales between September 2010 and June 2019 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 February 2019 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 9 PARCEL DRIVE be worth now?

9 PARCEL DRIVE might now be worth an estimated £487,722.

This is based on house price inflation of 23.5%, between June 2019 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 23.5% inflationary increase is applied to the most recent sale price for 9 PARCEL DRIVE of £395,000 on 7th June 2019. For the value to have increased from £395,000 to £487,722 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 9 PARCEL DRIVE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The June 2019 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PARCEL DRIVE has not materially changed since June 2019.

How Large is 9 PARCEL DRIVE?

9 PARCEL DRIVE is 110m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 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 9 PARCEL DRIVE lies on this distribution: 41% of detached houses houses are smaller than 9 PARCEL DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

9 PARCEL DRIVE: Plot and Title Map

9 PARCEL DRIVE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 9 PARCEL DRIVE, 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 9 PARCEL DRIVE). 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 9 PARCEL DRIVE?

9 PARCEL DRIVE is located in BASINGSTOKE, in the RG24 postcode district. The below map shows the position of No. 9 on PARCEL DRIVE.