6, MEAD CLOSE, ANDOVER, SP10 2JT - £480,000

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.

6 MEAD CLOSE is a very small detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £482,772. It was last sold for £480,000 in July 2022, which was around 22% below the average July 2022 detached price in the Test Valley local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

6 MEAD CLOSE Sold Prices

Land registry data shows four sales for 6 MEAD 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 6 MEAD 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
2022 29 JUL	£480,000	£613,190	22% below HPI
2017 19 DEC	£315,000	£495,980	36% below HPI
1999 18 JAN	£125,000	£147,128	15% below HPI
1996 24 JUL	£77,000	£115,410	33% below HPI

6 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 four 6 MEAD CLOSE sales between July 1996 and July 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 December 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 6 MEAD CLOSE be worth now?

6 MEAD CLOSE might now be worth an estimated £482,772.

This is based on house price inflation of 0.6%, between July 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 0.6% inflationary increase is applied to the most recent sale price for 6 MEAD CLOSE of £480,000 on 29th July 2022. For the value to have increased from £480,000 to £482,772 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 6 MEAD CLOSE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The July 2022 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 6 MEAD CLOSE has not materially changed since July 2022.

How Large is 6 MEAD CLOSE?

6 MEAD CLOSE is 88m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 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 6 MEAD CLOSE lies on this distribution: 17% of detached houses houses are smaller than 6 MEAD CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Andover.

6 MEAD CLOSE: Plot and Title Map

6 MEAD CLOSE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 6 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 6 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 6 MEAD CLOSE?

6 MEAD CLOSE is located in ANDOVER, in the SP10 postcode district. The below map shows the position of No. 6 on MEAD CLOSE.