THATCHED COTTAGE, RECTORY ROAD, OAKLEY, BASINGSTOKE, RG23 7ED - £300,000

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

THATCHED COTTAGE is a very small extended detached house of 62m², built sometime before 1900. It was last sold for £300,000 in July 2011, which was around 15% below the average July 2011 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was July 2024, where the current energy rating was E, and the potential energy rating was B.

THATCHED COTTAGE Sold Prices

Land registry data shows two sales for THATCHED 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 THATCHED COTTAGE 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
2011 1 JUL	£300,000	£354,102	15% below HPI
2001 16 NOV	£105,000	£253,500	59% below HPI

THATCHED 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 THATCHED COTTAGE sales from November 2001 and July 2011 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 2001 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the July 2011 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is THATCHED COTTAGE?

THATCHED COTTAGE is 62m², which includes two extensions, according to the EPC inspection conducted in July 2024. This puts it in the smallest 10% of detached houses in Oakley, based on EPC data. The below chart shows the distribution of detached houses by size in Oakley, and where THATCHED COTTAGE lies on this distribution: 1% of detached houses are smaller than THATCHED COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Oakley.

THATCHED COTTAGE: Plot and Title Map

THATCHED COTTAGE sits on a plot of roughly 0.230 of an acre, or 929m². The below map shows the location of THATCHED 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 THATCHED 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 THATCHED COTTAGE?

THATCHED COTTAGE is located on RECTORY ROAD in OAKLEY, in the RG23 postcode district. The below map shows the position of THATCHED COTTAGE on RECTORY ROAD.