15, PITMAN CLOSE, BASINGSTOKE, RG22 6LU - £415,000

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.

15 PITMAN CLOSE is a very small extended detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £493,856. It was last sold for £415,000 in June 2021, which was around 25% below the average June 2021 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

15 PITMAN CLOSE Sold Prices

Land registry data shows five sales for 15 PITMAN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. All of the five 15 PITMAN CLOSE 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 15 JUN	£415,000	£556,977	25% below HPI
2013 26 JUN	£280,000	£395,107	29% below HPI
2012 23 NOV	£250,000	£385,357	35% below HPI
2005 21 JUN	£240,000	£329,822	27% below HPI
1996 23 AUG	£86,000	£130,265	34% below HPI

15 PITMAN CLOSE 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 five 15 PITMAN CLOSE sales between August 1996 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 2013 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 15 PITMAN CLOSE be worth now?

15 PITMAN CLOSE might now be worth an estimated £493,856.

This is based on house price inflation of 19%, between June 2021 and June 2025, for detached 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% inflationary increase is applied to the most recent sale price for 15 PITMAN CLOSE of £415,000 on 15th June 2021. For the value to have increased from £415,000 to £493,856 over the four years to June 2025, the following assumptions must hold true:

• The value of 15 PITMAN CLOSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The June 2021 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PITMAN CLOSE has not materially changed since June 2021.

How Large is 15 PITMAN CLOSE?

15 PITMAN CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% of detached houses houses in Basingstoke, based on EPC data. The below chart shows the distribution of detached houses houses by size in Basingstoke, and where 15 PITMAN CLOSE lies on this distribution: 11% of detached houses houses are smaller than 15 PITMAN CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

15 PITMAN CLOSE: Plot and Title Map

15 PITMAN CLOSE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 15 PITMAN CLOSE, 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 15 PITMAN CLOSE). 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 15 PITMAN CLOSE?

15 PITMAN CLOSE is located in BASINGSTOKE, in the RG22 postcode district. The below map shows the position of No. 15 on PITMAN CLOSE.