40, CARMICHAEL WAY, BASINGSTOKE, RG22 4NL - £205,000

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.

40 CARMICHAEL WAY is a very small terraced house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £309,441. It was last sold for £205,000 in April 2015, which was around 2% above the average April 2015 terraced price in the Basingstoke and Deane local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

40 CARMICHAEL WAY Sold Prices

Land registry data shows four sales for 40 CARMICHAEL 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. two of the four 40 CARMICHAEL WAY sales were for above the average price, and four 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
2015 10 APR	£205,000	£200,229	2% above HPI
2007 31 AUG	£170,000	£180,979	6% below HPI
2001 31 MAY	£98,000	£95,215	3% above HPI
1995 4 SEP	£53,350	£54,519	2% below HPI

40 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 four 40 CARMICHAEL WAY sales between September 1995 and April 2015 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 August 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 2015 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 40 CARMICHAEL WAY be worth now?

40 CARMICHAEL WAY might now be worth an estimated £309,441.

This is based on house price inflation of 50.9%, between April 2015 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 50.9% inflationary increase is applied to the most recent sale price for 40 CARMICHAEL WAY of £205,000 on 10th April 2015. For the value to have increased from £205,000 to £309,441 over the ten years and eleven months to May 2026, the following assumptions must hold true:

• The value of 40 CARMICHAEL WAY has moved in line with the HPI for terraced houses in the Basingstoke and Deane local authority area.
• The April 2015 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 40 CARMICHAEL WAY has not materially changed since April 2015.

How Large is 40 CARMICHAEL WAY?

40 CARMICHAEL WAY is 78m² according to the EPC inspection conducted in January 2015. 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 40 CARMICHAEL WAY lies on this distribution: 9% of terraced houses houses are smaller than 40 CARMICHAEL WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

40 CARMICHAEL WAY: Plot and Title Map

40 CARMICHAEL WAY sits on a plot of roughly 0.031 of an acre, or 127m². The below map shows the location of 40 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 40 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 40 CARMICHAEL WAY?

40 CARMICHAEL WAY is located in BASINGSTOKE, in the RG22 postcode district. The below map shows the position of No. 40 on CARMICHAEL WAY.