4, ELBE WAY, ANDOVER, SP10 4LD - £425,000

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

4 ELBE WAY is a very large detached house of 199m², built sometime between 1991 and 1995, which could now be worth an estimated £582,943. It was last sold for £425,000 in November 2015, which was around 5% below the average November 2015 detached price in the Test Valley local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

4 ELBE WAY Sold Prices

Land registry data shows two sales for 4 ELBE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. One of the two 4 ELBE WAY sales was for below the average price, whilst the other 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
2015 17 NOV	£425,000	£445,067	5% below HPI
1995 30 NOV	£129,950	£117,135	11% above HPI

4 ELBE 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 two 4 ELBE WAY sales from November 1995 and November 2015 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 November 1995 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2015 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 4 ELBE WAY be worth now?

4 ELBE WAY might now be worth an estimated £582,943.

This is based on house price inflation of 37.2%, between November 2015 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 37.2% inflationary increase is applied to the most recent sale price for 4 ELBE WAY of £425,000 on 17th November 2015. For the value to have increased from £425,000 to £582,943 over the eight years and eleven months to December 2024, the following assumptions must hold true:

• The value of 4 ELBE WAY has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The November 2015 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ELBE WAY has not materially changed since November 2015.

How Large is 4 ELBE WAY?

4 ELBE WAY is 199m² according to the EPC inspection conducted in November 2008. This puts it in the largest 10% 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 4 ELBE WAY lies on this distribution: 97% of detached houses houses are smaller than 4 ELBE WAY, and 3% of houses are larger. Note that EPC data is not available for all properties in Andover.

4 ELBE WAY: Plot and Title Map

4 ELBE WAY sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 4 ELBE 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 4 ELBE 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 4 ELBE WAY?

4 ELBE WAY is located in ANDOVER, in the SP10 postcode district. The below map shows the position of No. 4 on ELBE WAY.