1, BINFIELDS FARM LANE, CHINEHAM, BASINGSTOKE, RG24 8AU - £206,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 BINFIELDS FARM LANE is a very small terraced house of 43m², which could now be worth an estimated £243,694. It was last sold for £206,500 in June 2021, which was around 20% below the average June 2021 terraced price in the Basingstoke and Deane local authority area. The most recent EPC inspection was May 2014, where the current energy rating was B, and the potential energy rating was A.

1 BINFIELDS FARM LANE Sold Prices

Land registry data shows two sales for 1 BINFIELDS FARM LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Basingstoke and Deane local authority area for the corresponding sale date. Both of the two 1 BINFIELDS FARM LANE 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
2021 25 JUN	£206,500	£258,053	20% below HPI
2014 6 JUN	£155,000	£190,188	19% below HPI

1 BINFIELDS FARM LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Basingstoke and Deane local authority area over time, sourced from the HPI. The two 1 BINFIELDS FARM LANE sales from June 2014 and June 2021 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 June 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 1 BINFIELDS FARM LANE be worth now?

1 BINFIELDS FARM LANE might now be worth an estimated £243,694.

This is based on house price inflation of 18%, between June 2021 and June 2025, for terraced 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 18% inflationary increase is applied to the most recent sale price for 1 BINFIELDS FARM LANE of £206,500 on 25th June 2021. For the value to have increased from £206,500 to £243,694 over the four years to June 2025, the following assumptions must hold true:

• The value of 1 BINFIELDS FARM LANE has moved in line with the HPI for terraced houses in the Basingstoke and Deane local authority area.
• The June 2021 sale price of £206,500 represented a fair market value for the property.
• The size, condition, and specification of 1 BINFIELDS FARM LANE has not materially changed since June 2021.

How Large is 1 BINFIELDS FARM LANE?

1 BINFIELDS FARM LANE is 43m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of terraced houses houses in Basingstoke, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Basingstoke, and where 1 BINFIELDS FARM LANE lies on this distribution: Less than 1% of terraced houses houses are smaller than 1 BINFIELDS FARM LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

1 BINFIELDS FARM LANE: Plot and Title Map

1 BINFIELDS FARM LANE sits on a plot of roughly 0.016 of an acre, or 66m². The below map shows the location of 1 BINFIELDS FARM LANE, 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 1 BINFIELDS FARM LANE). 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 1 BINFIELDS FARM LANE?

1 BINFIELDS FARM LANE is located in CHINEHAM, in the RG24 postcode district. The below map shows the position of No. 1 on BINFIELDS FARM LANE.