7, SOUTHGATE CLOSE, BASINGSTOKE, RG22 5FP - £385,000

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 SOUTHGATE CLOSE is a small detached house of 92m², built in 2019, which could now be worth an estimated £464,696. It was last sold for £385,000 in November 2019, which was around 29% below the average November 2019 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was A.

7 SOUTHGATE CLOSE Sold Prices

Land registry data shows one sale for 7 SOUTHGATE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 8 NOV	£385,000	£540,594	29% below HPI

What might 7 SOUTHGATE CLOSE be worth now?

7 SOUTHGATE CLOSE might now be worth an estimated £464,696.

This is based on house price inflation of 20.7%, between November 2019 and May 2026, for detached 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 20.7% inflationary increase is applied to the most recent sale price for 7 SOUTHGATE CLOSE of £385,000 on 8th November 2019. For the value to have increased from £385,000 to £464,696 over the seven years and six months to May 2026, the following assumptions must hold true:

• The value of 7 SOUTHGATE CLOSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The November 2019 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SOUTHGATE CLOSE has not materially changed since November 2019.

How Large is 7 SOUTHGATE CLOSE?

7 SOUTHGATE CLOSE is 92m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% of detached houses in Basingstoke, based on EPC data. The below chart shows the distribution of detached houses by size in Basingstoke, and where 7 SOUTHGATE CLOSE lies on this distribution: 21% of detached houses are smaller than 7 SOUTHGATE CLOSE, and 78% of detached houses are larger. Note that EPC data is not available for all properties in Basingstoke.

7 SOUTHGATE CLOSE: Plot

7 SOUTHGATE CLOSE sits on a plot of roughly 0.056 of an acre, or 226m².

Where is 7 SOUTHGATE CLOSE?

7 SOUTHGATE CLOSE is located in BASINGSTOKE, in the RG22 postcode district.