48, COLE CLOSE, ANDOVER, SP10 4NL - £335,000

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

48 COLE CLOSE is a small extended detached house of 99m², built sometime between 1996 and 2002, which could now be worth an estimated £386,473. It was last sold for £335,000 in April 2021, which was around 37% below the average April 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 COLE CLOSE Sold Prices

Land registry data shows four sales for 48 COLE 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 COLE 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 28 APR	£335,000	£529,162	37% below HPI
2016 21 JAN	£299,000	£451,953	34% below HPI
2002 22 FEB	£153,000	£228,083	33% below HPI
1999 30 APR	£110,000	£157,275	30% below HPI

48 COLE 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 COLE CLOSE sales between April 1999 and April 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 2016 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the April 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 48 COLE CLOSE be worth now?

48 COLE CLOSE might now be worth an estimated £386,473.

This is based on house price inflation of 15.4%, between April 2021 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 15.4% inflationary increase is applied to the most recent sale price for 48 COLE CLOSE of £335,000 on 28th April 2021. For the value to have increased from £335,000 to £386,473 over the two years and four months to December 2024, the following assumptions must hold true:

• The value of 48 COLE CLOSE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The April 2021 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 48 COLE CLOSE has not materially changed since April 2021.

How Large is 48 COLE CLOSE?

48 COLE CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 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 48 COLE CLOSE lies on this distribution: 32% of detached houses houses are smaller than 48 COLE CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Andover.

48 COLE CLOSE: Plot and Title Map

48 COLE CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 48 COLE 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 COLE 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 COLE CLOSE?

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