8, RAPHAEL CLOSE, BASINGSTOKE, RG21 3QT - £225,000

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.

8 RAPHAEL CLOSE is a very small detached house of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £357,475. It was last sold for £225,000 in May 2014, which was around 45% below the average May 2014 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

8 RAPHAEL CLOSE Sold Prices

Land registry data shows one sale for 8 RAPHAEL 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
2014 14 MAY	£225,000	£410,692	45% below HPI

What might 8 RAPHAEL CLOSE be worth now?

8 RAPHAEL CLOSE might now be worth an estimated £357,475.

This is based on house price inflation of 58.9%, between May 2014 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 58.9% inflationary increase is applied to the most recent sale price for 8 RAPHAEL CLOSE of £225,000 on 14th May 2014. For the value to have increased from £225,000 to £357,475 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 8 RAPHAEL CLOSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The May 2014 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RAPHAEL CLOSE has not materially changed since May 2014.

How Large is 8 RAPHAEL CLOSE?

8 RAPHAEL CLOSE is 73m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses in Basingstoke, based on EPC data. The below chart shows the distribution of detached houses by size in Basingstoke, and where 8 RAPHAEL CLOSE lies on this distribution: 6% of detached houses are smaller than 8 RAPHAEL CLOSE, and 94% of detached houses are larger. Note that EPC data is not available for all properties in Basingstoke.

8 RAPHAEL CLOSE: Plot

8 RAPHAEL CLOSE sits on a plot of roughly 0.068 of an acre, or 276m².

Where is 8 RAPHAEL CLOSE?

8 RAPHAEL CLOSE is located in BASINGSTOKE, in the RG21 postcode district.