1, WATSON WAY, BASINGSTOKE, RG23 8AN - £260,000

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 WATSON WAY is a very small extended terraced house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £309,763. It was last sold for £260,000 in July 2021, which was around 1% above the average July 2021 terraced price in the Basingstoke and Deane local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

1 WATSON WAY Sold Prices

Land registry data shows four sales for 1 WATSON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Basingstoke and Deane local authority area for the corresponding sale date. Most of the four 1 WATSON WAY 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 23 JUL	£260,000	£257,213	1% above HPI
2016 15 JUN	£168,500	£234,976	28% below HPI
2007 26 JAN	£154,500	£169,407	9% below HPI
1997 24 OCT	£62,250	£65,171	4% below HPI

1 WATSON 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 four 1 WATSON WAY sales between October 1997 and July 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 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 1 WATSON WAY be worth now?

1 WATSON WAY might now be worth an estimated £309,763.

This is based on house price inflation of 19.1%, between July 2021 and July 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 19.1% inflationary increase is applied to the most recent sale price for 1 WATSON WAY of £260,000 on 23rd July 2021. For the value to have increased from £260,000 to £309,763 over the five years to July 2026, the following assumptions must hold true:

• The value of 1 WATSON WAY has moved in line with the HPI for terraced houses in the Basingstoke and Deane local authority area.
• The July 2021 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WATSON WAY has not materially changed since July 2021.

How Large is 1 WATSON WAY?

1 WATSON WAY is 86m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% 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 WATSON WAY lies on this distribution: 15% of terraced houses houses are smaller than 1 WATSON WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

1 WATSON WAY: Plot and Title Map

1 WATSON WAY sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 1 WATSON 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 WATSON 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 WATSON WAY?

1 WATSON WAY is located in BASINGSTOKE, in the RG23 postcode district. The below map shows the position of No. 1 on WATSON WAY.