18, MAILING WAY, BASINGSTOKE, RG24 9TH - £175,000

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.

18 MAILING WAY is a small flat of 50m², built sometime between 2007 and 2011, which could now be worth an estimated £188,049. It was last sold for £175,000 in August 2016, which was around 2% above the average August 2016 flat price in the Basingstoke and Deane local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was C.

18 MAILING WAY Sold Prices

Land registry data shows three sales for 18 MAILING WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Basingstoke and Deane local authority area for the corresponding sale date. The three 18 MAILING WAY sales were a mix of above the average price, roughly equal to the average price, and 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
2016 12 AUG	£175,000	£172,302	2% above HPI
2015 17 JUL	£150,000	£152,466	2% below HPI
2010 29 APR	£124,950	£124,637	Close to HPI

What might 18 MAILING WAY be worth now?

18 MAILING WAY might now be worth an estimated £188,049.

This is based on house price inflation of 7.5%, between August 2016 and May 2026, for flats, 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 7.5% inflationary increase is applied to the most recent sale price for 18 MAILING WAY of £175,000 on 12th August 2016. For the value to have increased from £175,000 to £188,049 over the ten years and three months to May 2026, the following assumptions must hold true:

• The value of 18 MAILING WAY has moved in line with the HPI for flats in the Basingstoke and Deane local authority area.
• The August 2016 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MAILING WAY has not materially changed since August 2016.

How Large is 18 MAILING WAY?

18 MAILING WAY is 50m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% of flats in Basingstoke, based on EPC data. 32% of flats are smaller than 18 MAILING WAY, and 66% of flats are larger. Note that EPC data is not available for all properties in Basingstoke.

18 MAILING WAY: Plot

18 MAILING WAY sits on a plot of roughly 0.198 of an acre, or 802m².

Where is 18 MAILING WAY?

18 MAILING WAY is located in BASINGSTOKE, in the RG24 postcode district.