16, MARTIN WAY, ANDOVER, SP10 5PF - £100,000

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

16 MARTIN WAY is a very small semi-detached house of 52m², built sometime between 1991 and 1995, which could now be worth an estimated £277,979. It was last sold for £100,000 in May 2002, which was around 24% below the average May 2002 semi-detached price in the Test Valley local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

16 MARTIN WAY Sold Prices

Land registry data shows two sales for 16 MARTIN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Test Valley local authority area for the corresponding sale date. Both of the two 16 MARTIN WAY 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
2002 10 MAY	£100,000	£131,976	24% below HPI
1997 1 SEP	£55,500	£74,103	25% below HPI

16 MARTIN WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Test Valley local authority area over time, sourced from the HPI. The two 16 MARTIN WAY sales from September 1997 and May 2002 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 September 1997 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2002 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 16 MARTIN WAY be worth now?

16 MARTIN WAY might now be worth an estimated £277,979.

This is based on house price inflation of 178%, between May 2002 and December 2024, for semi-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 178% inflationary increase is applied to the most recent sale price for 16 MARTIN WAY of £100,000 on 10th May 2002. For the value to have increased from £100,000 to £277,979 over the 21 years and five months to December 2024, the following assumptions must hold true:

• The value of 16 MARTIN WAY has moved in line with the HPI for semi-detached houses in the Test Valley local authority area.
• The May 2002 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MARTIN WAY has not materially changed since May 2002.

How Large is 16 MARTIN WAY?

16 MARTIN WAY is 52m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% of semi-detached houses houses in Andover, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Andover, and where 16 MARTIN WAY lies on this distribution: 1% of semi-detached houses houses are smaller than 16 MARTIN WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Andover.

16 MARTIN WAY: Plot and Title Map

16 MARTIN WAY sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 16 MARTIN 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 16 MARTIN 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 16 MARTIN WAY?

16 MARTIN WAY is located in ANDOVER, in the SP10 postcode district. The below map shows the position of No. 16 on MARTIN WAY.