7, LANES END, CHINEHAM, BASINGSTOKE, RG24 8LF - £335,000

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.

7 LANES END is a very small terraced house of 70m², built sometime between 2003 and 2006, which could now be worth an estimated £361,699. It was last sold for £335,000 in June 2022, which was around 19% above the average June 2022 terraced price in the Basingstoke and Deane local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

7 LANES END Sold Prices

Land registry data shows two sales for 7 LANES END 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 7 LANES END 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
2022 28 JUN	£335,000	£282,053	19% above HPI
2005 30 JUN	£189,000	£150,789	25% above HPI

7 LANES END 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 7 LANES END sales from June 2005 and June 2022 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 2005 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2022 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 7 LANES END be worth now?

7 LANES END might now be worth an estimated £361,699.

This is based on house price inflation of 8%, between June 2022 and June 2025, 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 8% inflationary increase is applied to the most recent sale price for 7 LANES END of £335,000 on 28th June 2022. For the value to have increased from £335,000 to £361,699 over the three years to June 2025, the following assumptions must hold true:

• The value of 7 LANES END has moved in line with the HPI for terraced houses in the Basingstoke and Deane local authority area.
• The June 2022 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LANES END has not materially changed since June 2022.

How Large is 7 LANES END?

7 LANES END is 70m² according to the EPC inspection conducted in March 2022. 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 7 LANES END lies on this distribution: 5% of terraced houses houses are smaller than 7 LANES END, and 94% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

7 LANES END: Plot and Title Map

7 LANES END sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 7 LANES END, 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 7 LANES END). 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 7 LANES END?

7 LANES END is located in CHINEHAM, in the RG24 postcode district. The below map shows the position of No. 7 on LANES END.