16, RICHBOROUGH DRIVE, CHARLTON, ANDOVER, SP10 4EZ - £525,000

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.

16 RICHBOROUGH DRIVE is a large detached house of 128m², built sometime between 1976 and 1982, which could now be worth an estimated £515,750. It was last sold for £525,000 in September 2022, which was around 16% below the average September 2022 detached price in the Test Valley local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

16 RICHBOROUGH DRIVE Sold Prices

Land registry data shows three sales for 16 RICHBOROUGH DRIVE 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. All of the three 16 RICHBOROUGH DRIVE 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
2022 16 SEP	£525,000	£627,792	16% below HPI
2016 3 OCT	£336,000	£475,510	29% below HPI
2012 17 AUG	£280,000	£374,558	25% below HPI

16 RICHBOROUGH DRIVE 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 16 RICHBOROUGH DRIVE sales between August 2012 and September 2022 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 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 16 RICHBOROUGH DRIVE be worth now?

16 RICHBOROUGH DRIVE might now be worth an estimated £515,750.

This is based on house price deflation of 1.8%, between September 2022 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 1.8% deflationary decrease is applied to the most recent sale price for 16 RICHBOROUGH DRIVE of £525,000 on 16th September 2022. For the value to have decreased from £525,000 to £515,750 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 16 RICHBOROUGH DRIVE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The September 2022 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 16 RICHBOROUGH DRIVE has not materially changed since September 2022.

How Large is 16 RICHBOROUGH DRIVE?

16 RICHBOROUGH DRIVE is 128m² according to the EPC inspection conducted in February 2022. This puts it in the largest 40% of detached houses houses in Charlton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Charlton, and where 16 RICHBOROUGH DRIVE lies on this distribution: 64% of detached houses houses are smaller than 16 RICHBOROUGH DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Charlton.

16 RICHBOROUGH DRIVE: Plot and Title Map

16 RICHBOROUGH DRIVE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 16 RICHBOROUGH DRIVE, 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 RICHBOROUGH DRIVE). 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 RICHBOROUGH DRIVE?

16 RICHBOROUGH DRIVE is located in CHARLTON, in the SP10 postcode district. The below map shows the position of No. 16 on RICHBOROUGH DRIVE.