3, BINFIELDS CLOSE, CHINEHAM, BASINGSTOKE, RG24 8TP - £169,500

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.

3 BINFIELDS CLOSE is a very small flat of 36m², built sometime between 1983 and 1990, which could now be worth an estimated £179,409. It was last sold for £169,500 in July 2016, which was around 2% below the average July 2016 flat price in the Basingstoke and Deane local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was C.

3 BINFIELDS CLOSE Sold Prices

Land registry data shows four sales for 3 BINFIELDS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Basingstoke and Deane local authority area for the corresponding sale date. All of the four 3 BINFIELDS CLOSE 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
2016 22 JUL	£169,500	£172,454	2% below HPI
2014 30 MAY	£100,700	£137,132	27% below HPI
2004 9 JAN	£99,500	£115,864	14% below HPI
1996 20 SEP	£40,000	£43,322	8% below HPI

What might 3 BINFIELDS CLOSE be worth now?

3 BINFIELDS CLOSE might now be worth an estimated £179,409.

This is based on house price inflation of 5.8%, between July 2016 and April 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 5.8% inflationary increase is applied to the most recent sale price for 3 BINFIELDS CLOSE of £169,500 on 22nd July 2016. For the value to have increased from £169,500 to £179,409 over the ten years and three months to April 2026, the following assumptions must hold true:

• The value of 3 BINFIELDS CLOSE has moved in line with the HPI for flats in the Basingstoke and Deane local authority area.
• The July 2016 sale price of £169,500 represented a fair market value for the property.
• The size, condition, and specification of 3 BINFIELDS CLOSE has not materially changed since July 2016.

How Large is 3 BINFIELDS CLOSE?

3 BINFIELDS CLOSE is 36m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of flats in Basingstoke, based on EPC data. 8% of flats are smaller than 3 BINFIELDS CLOSE, and 92% of flats are larger. Note that EPC data is not available for all properties in Basingstoke.

3 BINFIELDS CLOSE: Plot

3 BINFIELDS CLOSE sits on a plot of roughly 0.405 of an acre, or 1,637m².

Where is 3 BINFIELDS CLOSE?

3 BINFIELDS CLOSE is located in CHINEHAM, in the RG24 postcode district.