1, CEDARWOOD PLACE, ANDOVER, SP10 2FL - £305,000

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.

1 CEDARWOOD PLACE is a midsized detached house of 115m², built sometime between 2003 and 2006, which could now be worth an estimated £422,640. It was last sold for £305,000 in November 2015, which was around 31% below the average November 2015 detached price in the Test Valley local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

1 CEDARWOOD PLACE Sold Prices

Land registry data shows four sales for 1 CEDARWOOD PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. All of the four 1 CEDARWOOD PLACE 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
2015 20 NOV	£305,000	£445,067	31% below HPI
2006 13 OCT	£250,000	£340,482	27% below HPI
2005 12 AUG	£215,000	£323,006	33% below HPI
2003 14 FEB	£249,501	£286,383	13% below HPI

1 CEDARWOOD PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The four 1 CEDARWOOD PLACE sales between February 2003 and November 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2015 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 1 CEDARWOOD PLACE be worth now?

1 CEDARWOOD PLACE might now be worth an estimated £422,640.

This is based on house price inflation of 38.6%, between November 2015 and February 2025, for detached houses, in the Test Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.6% inflationary increase is applied to the most recent sale price for 1 CEDARWOOD PLACE of £305,000 on 20th November 2015. For the value to have increased from £305,000 to £422,640 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 CEDARWOOD PLACE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The November 2015 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CEDARWOOD PLACE has not materially changed since November 2015.

How Large is 1 CEDARWOOD PLACE?

1 CEDARWOOD PLACE is 115m² according to the EPC inspection conducted in July 2015. This puts it in the largest 50% of detached houses houses in Andover, based on EPC data. The below chart shows the distribution of detached houses houses by size in Andover, and where 1 CEDARWOOD PLACE lies on this distribution: 54% of detached houses houses are smaller than 1 CEDARWOOD PLACE, and 45% of houses are larger. Note that EPC data is not available for all properties in Andover.

1 CEDARWOOD PLACE: Plot and Title Map

1 CEDARWOOD PLACE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 1 CEDARWOOD PLACE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 CEDARWOOD PLACE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 CEDARWOOD PLACE?

1 CEDARWOOD PLACE is located in ANDOVER, in the SP10 postcode district. The below map shows the position of No. 1 on CEDARWOOD PLACE.