5, MEAD CLOSE, ANDOVER, SP10 2JT - £437,500

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

5 MEAD CLOSE is a midsized detached house of 109m², built sometime between 1950 and 1966, which could now be worth an estimated £512,823. It was last sold for £437,500 in March 2021, which was around 16% below the average March 2021 detached price in the Test Valley local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was C.

5 MEAD CLOSE Sold Prices

Land registry data shows two sales for 5 MEAD CLOSE 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 5 MEAD CLOSE 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
2021 3 MAR	£437,500	£520,803	16% below HPI
1996 4 DEC	£122,000	£112,412	9% above HPI

5 MEAD 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 two 5 MEAD CLOSE sales from December 1996 and March 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 December 1996 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 5 MEAD CLOSE be worth now?

5 MEAD CLOSE might now be worth an estimated £512,823.

This is based on house price inflation of 17.2%, between March 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 17.2% inflationary increase is applied to the most recent sale price for 5 MEAD CLOSE of £437,500 on 3rd March 2021. For the value to have increased from £437,500 to £512,823 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 5 MEAD CLOSE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The March 2021 sale price of £437,500 represented a fair market value for the property.
• The size, condition, and specification of 5 MEAD CLOSE has not materially changed since March 2021.

How Large is 5 MEAD CLOSE?

5 MEAD CLOSE is 109m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 50% 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 MEAD CLOSE lies on this distribution: 46% of detached houses houses are smaller than 5 MEAD CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Andover.

5 MEAD CLOSE: Plot and Title Map

5 MEAD CLOSE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 5 MEAD 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 5 MEAD 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 5 MEAD CLOSE?

5 MEAD CLOSE is located in ANDOVER, in the SP10 postcode district. The below map shows the position of No. 5 on MEAD CLOSE.