8, CUTTING DRIVE, BASINGSTOKE, RG24 9GX - £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.

8 CUTTING DRIVE is a very small terraced house of 79m², which could now be worth an estimated £395,239. It was last sold for £260,000 in February 2015, which was around 30% above the average February 2015 terraced price in the Basingstoke and Deane local authority area. The most recent EPC inspection was November 2013, where the current energy rating was B, and the potential energy rating was B.

8 CUTTING DRIVE Sold Prices

Land registry data shows two sales for 8 CUTTING DRIVE 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 8 CUTTING DRIVE 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
2015 27 FEB	£260,000	£200,330	30% above HPI
2014 25 APR	£220,000	£184,232	19% above HPI

8 CUTTING DRIVE 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 8 CUTTING DRIVE sales from April 2014 and February 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 April 2014 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2015 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 8 CUTTING DRIVE be worth now?

8 CUTTING DRIVE might now be worth an estimated £395,239.

This is based on house price inflation of 52%, between February 2015 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 52% inflationary increase is applied to the most recent sale price for 8 CUTTING DRIVE of £260,000 on 27th February 2015. For the value to have increased from £260,000 to £395,239 over the nine years and eight months to June 2025, the following assumptions must hold true:

• The value of 8 CUTTING DRIVE has moved in line with the HPI for terraced houses in the Basingstoke and Deane local authority area.
• The February 2015 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CUTTING DRIVE has not materially changed since February 2015.

How Large is 8 CUTTING DRIVE?

8 CUTTING DRIVE is 79m² according to the EPC inspection conducted in November 2013. 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 8 CUTTING DRIVE lies on this distribution: 10% of terraced houses houses are smaller than 8 CUTTING DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

8 CUTTING DRIVE: Plot and Title Map

8 CUTTING DRIVE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 8 CUTTING DRIVE, 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 8 CUTTING DRIVE). 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 8 CUTTING DRIVE?

8 CUTTING DRIVE is located in BASINGSTOKE, in the RG24 postcode district. The below map shows the position of No. 8 on CUTTING DRIVE.