42, BINFIELDS CLOSE, CHINEHAM, BASINGSTOKE, RG24 8TP - £115,000

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.

42 BINFIELDS CLOSE is a small flat of 47m², built sometime between 1983 and 1990, which could now be worth an estimated £111,205. It was last sold for £115,000 in October 2022, which was around 39% below the average October 2022 flat price in the Basingstoke and Deane local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was C.

42 BINFIELDS CLOSE Sold Prices

Land registry data shows four sales for 42 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 42 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
2022 11 OCT	£115,000	£188,765	39% below HPI
2022 23 MAR	£125,000	£181,845	31% below HPI
2009 21 AUG	£76,000	£119,087	36% below HPI
2005 31 MAR	£88,000	£124,693	29% below HPI

What might 42 BINFIELDS CLOSE be worth now?

42 BINFIELDS CLOSE might now be worth an estimated £111,205.

This is based on house price deflation of 3.3%, between October 2022 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 3.3% deflationary decrease is applied to the most recent sale price for 42 BINFIELDS CLOSE of £115,000 on 11th October 2022. For the value to have decreased from £115,000 to £111,205 over the four years and six months to April 2026, the following assumptions must hold true:

• The value of 42 BINFIELDS CLOSE has moved in line with the HPI for flats in the Basingstoke and Deane local authority area.
• The October 2022 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 42 BINFIELDS CLOSE has not materially changed since October 2022.

How Large is 42 BINFIELDS CLOSE?

42 BINFIELDS CLOSE is 47m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of flats in Basingstoke, based on EPC data. 26% of flats are smaller than 42 BINFIELDS CLOSE, and 72% of flats are larger. Note that EPC data is not available for all properties in Basingstoke.

42 BINFIELDS CLOSE: Plot

42 BINFIELDS CLOSE sits on a plot of roughly 0.872 of an acre, or 3,530m².

Where is 42 BINFIELDS CLOSE?

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