GREY TILES, BURY ROAD, BASINGSTOKE, RG23 8EE - £280,000

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

GREY TILES is a small detached house of 102m², built sometime between 1976 and 1982, which could now be worth an estimated £449,445. It was last sold for £280,000 in June 2013, which was around 29% below the average June 2013 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

GREY TILES Sold Prices

Land registry data shows two sales for GREY TILES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. Both of the two GREY TILES 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
2013 28 JUN	£280,000	£395,107	29% below HPI
1995 8 NOV	£87,000	£129,021	33% below HPI

GREY TILES 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 two GREY TILES sales from November 1995 and June 2013 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 1995 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2013 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might GREY TILES be worth now?

GREY TILES might now be worth an estimated £449,445.

This is based on house price inflation of 60.5%, between June 2013 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 60.5% inflationary increase is applied to the most recent sale price for GREY TILES of £280,000 on 28th June 2013. For the value to have increased from £280,000 to £449,445 over the ten years and six months to December 2024, the following assumptions must hold true:

• The value of GREY TILES has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The June 2013 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of GREY TILES has not materially changed since June 2013.

How Large is GREY TILES?

GREY TILES is 102m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 40% 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 GREY TILES lies on this distribution: 33% of detached houses houses are smaller than GREY TILES, and 66% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

GREY TILES: Plot and Title Map

GREY TILES sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of GREY TILES, 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 GREY TILES). 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 GREY TILES?

GREY TILES is located on BURY ROAD in BASINGSTOKE, in the RG23 postcode district. The below map shows the position of GREY TILES on BURY ROAD.