38, BISHOPS WAY, ANDOVER, SP10 3EH - £455,000

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

38 BISHOPS WAY is a large extended detached house of 125m², built sometime between 1930 and 1949, which could now be worth an estimated £541,718. It was last sold for £455,000 in July 2020, which was around 11% below the average July 2020 detached price in the Test Valley local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

38 BISHOPS WAY Sold Prices

Land registry data shows three sales for 38 BISHOPS 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. The three 38 BISHOPS WAY sales were a mix of below the average price, and roughly equal to 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
2020 31 JUL	£455,000	£512,745	11% below HPI
2014 14 APR	£380,000	£379,035	Close to HPI
2007 28 MAR	£322,000	£367,223	12% below HPI

38 BISHOPS 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 38 BISHOPS WAY sales between March 2007 and July 2020 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 April 2014 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 38 BISHOPS WAY be worth now?

38 BISHOPS WAY might now be worth an estimated £541,718.

This is based on house price inflation of 19.1%, between July 2020 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 19.1% inflationary increase is applied to the most recent sale price for 38 BISHOPS WAY of £455,000 on 31st July 2020. For the value to have increased from £455,000 to £541,718 over the three years and seven months to December 2024, the following assumptions must hold true:

• The value of 38 BISHOPS WAY has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The July 2020 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 38 BISHOPS WAY has not materially changed since July 2020.

How Large is 38 BISHOPS WAY?

38 BISHOPS WAY is 125m², which includes four extensions, according to the EPC inspection conducted in August 2013. This puts it in the largest 40% 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 38 BISHOPS WAY lies on this distribution: 66% of detached houses houses are smaller than 38 BISHOPS WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Andover.

38 BISHOPS WAY: Plot and Title Map

38 BISHOPS WAY sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 38 BISHOPS 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 38 BISHOPS 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 38 BISHOPS WAY?

38 BISHOPS WAY is located in ANDOVER, in the SP10 postcode district. The below map shows the position of No. 38 on BISHOPS WAY.