THE LODGE, CHAPEL HILL, BASINGSTOKE, RG21 5TB - £490,000

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

THE LODGE is a small extended detached house of 100m², built sometime before 1900. It was last sold for £490,000 in August 2024, which was around 22% below the average August 2024 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was C.

THE LODGE Sold Prices

Land registry data shows six sales for THE LODGE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. All of the six THE LODGE 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
2024 1 AUG	£490,000	£626,678	22% below HPI
2009 26 OCT	£225,000	£335,721	33% below HPI
2003 28 NOV	£180,000	£307,982	42% below HPI
2001 9 MAR	£130,000	£230,787	44% below HPI
1998 9 SEP	£125,000	£166,426	25% below HPI
1995 19 MAY	£64,000	£118,110	46% below HPI

THE LODGE 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 six THE LODGE sales between May 1995 and August 2024 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 October 2009 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2024 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is THE LODGE?

THE LODGE is 100m², which includes three extensions, according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% of detached houses in Basingstoke, based on EPC data. The below chart shows the distribution of detached houses by size in Basingstoke, and where THE LODGE lies on this distribution: 31% of detached houses are smaller than THE LODGE, and 68% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.022 of an acre, or 87m². The below map shows the location of THE LODGE, 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 THE LODGE). 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 THE LODGE?

THE LODGE is located on CHAPEL HILL in BASINGSTOKE, in the RG21 postcode district. The below map shows the position of THE LODGE on CHAPEL HILL.