48, BORKUM CLOSE, ANDOVER, SP10 4LE - £400,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

48 BORKUM CLOSE is a large detached house of 140m², built sometime between 1991 and 1995. It was last sold for £400,000 in January 2021, which was around 25% below the average January 2021 detached price in the Test Valley local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

48 BORKUM CLOSE Sold Prices

Land registry data shows four sales for 48 BORKUM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. All of the four 48 BORKUM CLOSE 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
2021 27 JAN	£400,000	£533,283	25% below HPI
2017 20 JAN	£437,500	£481,395	9% below HPI
2007 6 JUN	£310,000	£368,059	16% below HPI
2003 16 MAY	£234,000	£305,006	23% below HPI

48 BORKUM CLOSE 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 four 48 BORKUM CLOSE sales between May 2003 and January 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 January 2017 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 48 BORKUM CLOSE?

48 BORKUM CLOSE is 140m² according to the EPC inspection conducted in September 2015. This puts it in the largest 30% of detached houses in Andover, based on EPC data. The below chart shows the distribution of detached houses by size in Andover, and where 48 BORKUM CLOSE lies on this distribution: 79% of detached houses are smaller than 48 BORKUM CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Andover.

48 BORKUM CLOSE: Plot and Title Map

48 BORKUM CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 48 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 48 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 48 BORKUM CLOSE?

48 BORKUM CLOSE is located in ANDOVER, in the SP10 postcode district. The below map shows the position of No. 48 on BORKUM CLOSE.