38, BORKUM CLOSE, ANDOVER, SP10 4LE - £242,500

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.

38 BORKUM CLOSE is a very small semi-detached house of 83m², built sometime between 1996 and 2002, which could now be worth an estimated £279,143. It was last sold for £242,500 in September 2021, which was around 24% below the average September 2021 semi-detached price in the Test Valley local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

38 BORKUM CLOSE Sold Prices

Land registry data shows three sales for 38 BORKUM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Test Valley local authority area for the corresponding sale date. Two of the three 38 BORKUM CLOSE 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
2021 9 SEP	£242,500	£320,843	24% below HPI
2000 3 JUL	£114,995	£114,207	1% above HPI
1999 8 OCT	£91,500	£94,542	3% below HPI

38 BORKUM CLOSE 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 three 38 BORKUM CLOSE sales between October 1999 and September 2021 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 July 2000 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 38 BORKUM CLOSE be worth now?

38 BORKUM CLOSE might now be worth an estimated £279,143.

This is based on house price inflation of 15.1%, between September 2021 and February 2025, 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 15.1% inflationary increase is applied to the most recent sale price for 38 BORKUM CLOSE of £242,500 on 9th September 2021. For the value to have increased from £242,500 to £279,143 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 38 BORKUM CLOSE has moved in line with the HPI for semi-detached houses in the Test Valley local authority area.
• The September 2021 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 38 BORKUM CLOSE has not materially changed since September 2021.

How Large is 38 BORKUM CLOSE?

38 BORKUM CLOSE is 83m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 20% 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 38 BORKUM CLOSE lies on this distribution: 12% of semi-detached houses houses are smaller than 38 BORKUM CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Andover.

38 BORKUM CLOSE: Plot and Title Map

38 BORKUM CLOSE sits on a plot of roughly 0.032 of an acre, or 130m². The below map shows the location of 38 BORKUM CLOSE, 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 BORKUM CLOSE). 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 BORKUM CLOSE?

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