5, ELM BANK ROAD, ANDOVER, SP10 2BY - £245,000

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.

5 ELM BANK ROAD is a very large extended detached house of 143m², built sometime between 1950 and 1966, which could now be worth an estimated £498,664. It was last sold for £245,000 in May 2003, which was around 19% below the average May 2003 detached price in the Test Valley local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was C.

5 ELM BANK ROAD Sold Prices

Land registry data shows two sales for 5 ELM BANK ROAD 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. Both of the two 5 ELM BANK ROAD 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
2003 22 MAY	£245,000	£303,008	19% below HPI
1998 21 DEC	£110,000	£151,168	27% below HPI

5 ELM BANK ROAD 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 5 ELM BANK ROAD sales from December 1998 and May 2003 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 December 1998 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2003 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 5 ELM BANK ROAD be worth now?

5 ELM BANK ROAD might now be worth an estimated £498,664.

This is based on house price inflation of 103.5%, between May 2003 and February 2025, 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 103.5% inflationary increase is applied to the most recent sale price for 5 ELM BANK ROAD of £245,000 on 22nd May 2003. For the value to have increased from £245,000 to £498,664 over the 22 years and three months to February 2025, the following assumptions must hold true:

• The value of 5 ELM BANK ROAD has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The May 2003 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ELM BANK ROAD has not materially changed since May 2003.

How Large is 5 ELM BANK ROAD?

5 ELM BANK ROAD is 143m², which includes three extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 20% 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 5 ELM BANK ROAD lies on this distribution: 80% of detached houses houses are smaller than 5 ELM BANK ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Andover.

5 ELM BANK ROAD: Plot and Title Map

5 ELM BANK ROAD sits on a plot of roughly 0.182 of an acre, or 736m². The below map shows the location of 5 ELM BANK ROAD, 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 5 ELM BANK ROAD). 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 5 ELM BANK ROAD?

5 ELM BANK ROAD is located in ANDOVER, in the SP10 postcode district. The below map shows the position of No. 5 on ELM BANK ROAD.