1A, PACK LANE, OAKLEY, BASINGSTOKE, RG23 7BD - £306,500

1A PACK LANE is a very small detached house of 50m², built sometime between 1967 and 1975. It was last sold for £306,500 in August 2011, which was around 15% below the average August 2011 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

1A PACK LANE Sold Prices

Land registry data shows three sales for 1A PACK LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. All of the three 1A PACK 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
2011 5 AUG	£306,500	£358,507	15% below HPI
2011 27 APR	£320,000	£354,405	10% below HPI
2007 31 AUG	£307,500	£375,987	18% below HPI

1A PACK LANE 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 three 1A PACK LANE sales between August 2007 and August 2011 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 April 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2011 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 1A PACK LANE?

1A PACK LANE is 50m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of detached houses in Oakley, based on EPC data. The below chart shows the distribution of detached houses by size in Oakley, and where 1A PACK LANE lies on this distribution: 1% of detached houses are smaller than 1A PACK LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Oakley.

1A PACK LANE: Plot and Title Map

1A PACK LANE sits on a plot of roughly 0.105 of an acre, or 427m². The below map shows the location of 1A PACK 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 1A PACK 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 1A PACK LANE?

1A PACK LANE is located in OAKLEY, in the RG23 postcode district. The below map shows the position of No. 1A on PACK LANE.