MAGNOLIA COTTAGE, 1A, HUNTERS CLOSE, OAKLEY, BASINGSTOKE, RG23 7BG - £490,000

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

MAGNOLIA COTTAGE is a very small detached house of 83m², built sometime from 2007 onwards, which could now be worth an estimated £724,054. It was last sold for £490,000 in August 2014, which was around 13% above the average August 2014 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

MAGNOLIA COTTAGE Sold Prices

Land registry data shows two sales for MAGNOLIA COTTAGE 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 MAGNOLIA COTTAGE 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
2014 8 AUG	£490,000	£433,196	13% above HPI
2009 20 NOV	£435,000	£354,045	23% above HPI

MAGNOLIA COTTAGE 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 MAGNOLIA COTTAGE sales from November 2009 and August 2014 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 2009 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2014 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might MAGNOLIA COTTAGE be worth now?

MAGNOLIA COTTAGE might now be worth an estimated £724,054.

This is based on house price inflation of 47.8%, between August 2014 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 47.8% inflationary increase is applied to the most recent sale price for MAGNOLIA COTTAGE of £490,000 on 8th August 2014. For the value to have increased from £490,000 to £724,054 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of MAGNOLIA COTTAGE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The August 2014 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of MAGNOLIA COTTAGE has not materially changed since August 2014.

How Large is MAGNOLIA COTTAGE?

MAGNOLIA COTTAGE is 83m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 20% of detached houses houses in Oakley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakley, and where MAGNOLIA COTTAGE lies on this distribution: 13% of detached houses houses are smaller than MAGNOLIA COTTAGE, and 87% of houses are larger. Note that EPC data is not available for all properties in Oakley.

MAGNOLIA COTTAGE: Plot and Title Map

MAGNOLIA COTTAGE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of MAGNOLIA COTTAGE, 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 MAGNOLIA COTTAGE). 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 MAGNOLIA COTTAGE?

MAGNOLIA COTTAGE is located on HUNTERS CLOSE in OAKLEY, in the RG23 postcode district. The below map shows the position of MAGNOLIA COTTAGE on HUNTERS CLOSE.