NEW HOUSE, VINNS LANE, OVERTON, BASINGSTOKE, RG25 3DB - £577,500

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

NEW HOUSE is a small detached house of 110m², built sometime between 1930 and 1949, which could now be worth an estimated £853,349. It was last sold for £577,500 in August 2014, which was around 33% above the average August 2014 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was D.

NEW HOUSE Sold Prices

Land registry data shows two sales for NEW HOUSE 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 NEW HOUSE 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 12 AUG	£577,500	£433,196	33% above HPI
1997 14 FEB	£147,000	£137,010	7% above HPI

NEW HOUSE 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 NEW HOUSE sales from February 1997 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 February 1997 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2014 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might NEW HOUSE be worth now?

NEW HOUSE might now be worth an estimated £853,349.

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 NEW HOUSE of £577,500 on 12th August 2014. For the value to have increased from £577,500 to £853,349 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of NEW HOUSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The August 2014 sale price of £577,500 represented a fair market value for the property.
• The size, condition, and specification of NEW HOUSE has not materially changed since August 2014.

How Large is NEW HOUSE?

NEW HOUSE is 110m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 40% of detached houses houses in Overton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Overton, and where NEW HOUSE lies on this distribution: 32% of detached houses houses are smaller than NEW HOUSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Overton.

NEW HOUSE: Plot and Title Map

NEW HOUSE sits on a plot of roughly 0.182 of an acre, or 735m². The below map shows the location of NEW HOUSE, 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 NEW HOUSE). 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 NEW HOUSE?

NEW HOUSE is located on VINNS LANE in OVERTON, in the RG25 postcode district. The below map shows the position of NEW HOUSE on VINNS LANE.