Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 PEARMAN DRIVE is a very small detached house of 83m², built sometime between 1991 and 1995. It was last sold for £390,000 in September 2022, which was around 38% below the average September 2022 detached price in the Test Valley local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 PEARMAN DRIVE since 1st 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 2 PEARMAN 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 7 SEP | £390,000 | £631,931 | 38% below HPI |
2005 27 JUN | £217,000 | £316,828 | 32% below HPI |
1995 30 NOV | £85,000 | £117,907 | 28% below HPI |
The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The three 2 PEARMAN DRIVE sales between November 1995 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 June 2005 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2022 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.
2 PEARMAN DRIVE is 83m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses in Andover, based on EPC data. The below chart shows the distribution of detached houses by size in Andover, and where 2 PEARMAN DRIVE lies on this distribution: 12% of detached houses are smaller than 2 PEARMAN DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Andover.
2 PEARMAN DRIVE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 2 PEARMAN 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 2 PEARMAN 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.
2 PEARMAN DRIVE is located in ANDOVER, in the SP10 postcode district. The below map shows the position of No. 2 on PEARMAN DRIVE.