7, BINFIELDS CLOSE, CHINEHAM, BASINGSTOKE, RG24 8TP - £148,000

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 BINFIELDS CLOSE is a very small flat of 40m², built sometime between 1983 and 1990, which could now be worth an estimated £153,788. It was last sold for £148,000 in January 2017, which was around 16% below the average January 2017 flat price in the Basingstoke and Deane local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

7 BINFIELDS CLOSE Sold Prices

Land registry data shows four sales for 7 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 7 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
2017 23 JAN	£148,000	£175,666	16% below HPI
2008 16 JAN	£132,500	£142,889	7% below HPI
2004 21 MAY	£106,000	£116,221	9% below HPI
1999 3 SEP	£56,000	£62,230	10% below HPI

What might 7 BINFIELDS CLOSE be worth now?

7 BINFIELDS CLOSE might now be worth an estimated £153,788.

This is based on house price inflation of 3.9%, between January 2017 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 3.9% inflationary increase is applied to the most recent sale price for 7 BINFIELDS CLOSE of £148,000 on 23rd January 2017. For the value to have increased from £148,000 to £153,788 over the eight years and nine months to April 2026, the following assumptions must hold true:

• The value of 7 BINFIELDS CLOSE has moved in line with the HPI for flats in the Basingstoke and Deane local authority area.
• The January 2017 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BINFIELDS CLOSE has not materially changed since January 2017.

How Large is 7 BINFIELDS CLOSE?

7 BINFIELDS CLOSE is 40m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of flats in Basingstoke, based on EPC data. 12% of flats are smaller than 7 BINFIELDS CLOSE, and 86% of flats are larger. Note that EPC data is not available for all properties in Basingstoke.

7 BINFIELDS CLOSE: Plot

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

Where is 7 BINFIELDS CLOSE?

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