73, MARCHMENT CLOSE, PICKET PIECE, ANDOVER, SP11 6ZE - £365,000

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.

73 MARCHMENT CLOSE is a very small detached house of 87m², which could now be worth an estimated £361,102. It was last sold for £365,000 in August 2022, which was around 41% below the average August 2022 detached price in the Test Valley local authority area. The most recent EPC inspection was February 2020, where the current energy rating was B, and the potential energy rating was A.

73 MARCHMENT CLOSE Sold Prices

Land registry data shows two sales for 73 MARCHMENT 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. Both of the two 73 MARCHMENT 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 12 AUG	£365,000	£623,389	41% below HPI
2020 23 MAR	£311,000	£514,887	40% below HPI

73 MARCHMENT 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 73 MARCHMENT CLOSE sales from March 2020 and August 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 March 2020 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2022 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 73 MARCHMENT CLOSE be worth now?

73 MARCHMENT CLOSE might now be worth an estimated £361,102.

This is based on house price deflation of 1.1%, between August 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 1.1% deflationary decrease is applied to the most recent sale price for 73 MARCHMENT CLOSE of £365,000 on 12th August 2022. For the value to have decreased from £365,000 to £361,102 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 73 MARCHMENT CLOSE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The August 2022 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 73 MARCHMENT CLOSE has not materially changed since August 2022.

How Large is 73 MARCHMENT CLOSE?

73 MARCHMENT CLOSE is 87m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses houses in Picket Piece, based on EPC data. The below chart shows the distribution of detached houses houses by size in Picket Piece, and where 73 MARCHMENT CLOSE lies on this distribution: 5% of detached houses houses are smaller than 73 MARCHMENT CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Picket Piece.

73 MARCHMENT CLOSE: Plot and Title Map

73 MARCHMENT CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 73 MARCHMENT 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 73 MARCHMENT 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 73 MARCHMENT CLOSE?

73 MARCHMENT CLOSE is located in PICKET PIECE, in the SP11 postcode district. The below map shows the position of No. 73 on MARCHMENT CLOSE.