11, ELBE WAY, ANDOVER, SP10 4LD - £540,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 ELBE WAY is a very large detached house of 153m², built sometime between 1991 and 1995, which could now be worth an estimated £565,861. It was last sold for £540,000 in February 2024, which was around 7% below the average February 2024 detached price in the Test Valley local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

11 ELBE WAY Sold Prices

Land registry data shows three sales for 11 ELBE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. Two of the three 11 ELBE WAY sales were for below the average price, whilst one was for above 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
2024 9 FEB	£540,000	£582,568	7% below HPI
2006 20 JAN	£310,000	£318,398	3% below HPI
1995 11 AUG	£151,950	£112,778	35% above HPI

11 ELBE WAY 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 three 11 ELBE WAY sales between August 1995 and February 2024 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 January 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2024 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 11 ELBE WAY be worth now?

11 ELBE WAY might now be worth an estimated £565,861.

This is based on house price inflation of 4.8%, between February 2024 and December 2024, 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 4.8% inflationary increase is applied to the most recent sale price for 11 ELBE WAY of £540,000 on 9th February 2024. For the value to have increased from £540,000 to £565,861 over the two months to December 2024, the following assumptions must hold true:

• The value of 11 ELBE WAY has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The February 2024 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 11 ELBE WAY has not materially changed since February 2024.

How Large is 11 ELBE WAY?

11 ELBE WAY is 153m² according to the EPC inspection conducted in June 2023. This puts it in the largest 20% 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 11 ELBE WAY lies on this distribution: 86% of detached houses houses are smaller than 11 ELBE WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Andover.

11 ELBE WAY: Plot and Title Map

11 ELBE WAY sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 11 ELBE WAY, 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 11 ELBE WAY). 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 11 ELBE WAY?

11 ELBE WAY is located in ANDOVER, in the SP10 postcode district. The below map shows the position of No. 11 on ELBE WAY.