1, CARMICHAEL WAY, BASINGSTOKE, RG22 4NJ - £404,000

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 CARMICHAEL WAY is a midsized terraced house of 111m², built sometime between 1976 and 1982, which could now be worth an estimated £418,242. It was last sold for £404,000 in January 2023, which was around 38% above the average January 2023 terraced price in the Basingstoke and Deane local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

1 CARMICHAEL WAY Sold Prices

Land registry data shows two sales for 1 CARMICHAEL WAY 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 CARMICHAEL WAY 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
2023 27 JAN	£404,000	£291,947	38% above HPI
2015 31 JUL	£275,000	£208,872	32% above HPI

1 CARMICHAEL WAY 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 CARMICHAEL WAY sales from July 2015 and January 2023 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 July 2015 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the January 2023 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 1 CARMICHAEL WAY be worth now?

1 CARMICHAEL WAY might now be worth an estimated £418,242.

This is based on house price inflation of 3.5%, between January 2023 and May 2026, 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 3.5% inflationary increase is applied to the most recent sale price for 1 CARMICHAEL WAY of £404,000 on 27th January 2023. For the value to have increased from £404,000 to £418,242 over the two years and eight months to May 2026, the following assumptions must hold true:

• The value of 1 CARMICHAEL WAY has moved in line with the HPI for terraced houses in the Basingstoke and Deane local authority area.
• The January 2023 sale price of £404,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CARMICHAEL WAY has not materially changed since January 2023.

How Large is 1 CARMICHAEL WAY?

1 CARMICHAEL WAY is 111m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 50% 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 CARMICHAEL WAY lies on this distribution: 42% of terraced houses houses are smaller than 1 CARMICHAEL WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

1 CARMICHAEL WAY: Plot and Title Map

1 CARMICHAEL WAY sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 1 CARMICHAEL WAY, 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 CARMICHAEL WAY). 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 CARMICHAEL WAY?

1 CARMICHAEL WAY is located in BASINGSTOKE, in the RG22 postcode district. The below map shows the position of No. 1 on CARMICHAEL WAY.