5, PALMER DRIVE, ANDOVER, SP10 2SD - £430,000

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 PALMER DRIVE is a midsized detached house of 107m², built sometime between 1996 and 2002, which could now be worth an estimated £448,369. It was last sold for £430,000 in April 2022, which was around 27% below the average April 2022 detached price in the Test Valley local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

5 PALMER DRIVE Sold Prices

Land registry data shows three sales for 5 PALMER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. All of the three 5 PALMER DRIVE 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
2022 27 APR	£430,000	£591,465	27% below HPI
2013 27 SEP	£250,000	£379,422	34% below HPI
1996 27 SEP	£97,500	£117,366	17% below HPI

5 PALMER DRIVE 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 three 5 PALMER DRIVE sales between September 1996 and April 2022 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 September 2013 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the April 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 5 PALMER DRIVE be worth now?

5 PALMER DRIVE might now be worth an estimated £448,369.

This is based on house price inflation of 4.3%, between April 2022 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 4.3% inflationary increase is applied to the most recent sale price for 5 PALMER DRIVE of £430,000 on 27th April 2022. For the value to have increased from £430,000 to £448,369 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 5 PALMER DRIVE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The April 2022 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PALMER DRIVE has not materially changed since April 2022.

How Large is 5 PALMER DRIVE?

5 PALMER DRIVE is 107m² according to the EPC inspection conducted in April 2013. 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 PALMER DRIVE lies on this distribution: 43% of detached houses houses are smaller than 5 PALMER DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Andover.

5 PALMER DRIVE: Plot and Title Map

5 PALMER DRIVE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 5 PALMER DRIVE, 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 PALMER DRIVE). 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 PALMER DRIVE?

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