8, MELIOT RISE, ANDOVER, SP10 4DF - £325,000

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.

8 MELIOT RISE is a large extended detached house of 131m², built sometime between 1967 and 1975, which could now be worth an estimated £445,278. It was last sold for £325,000 in December 2015, which was around 28% below the average December 2015 detached price in the Test Valley local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

8 MELIOT RISE Sold Prices

Land registry data shows two sales for 8 MELIOT RISE 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 8 MELIOT RISE 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
2015 18 DEC	£325,000	£450,140	28% below HPI
1999 7 MAY	£93,000	£158,900	41% below HPI

8 MELIOT RISE 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 8 MELIOT RISE sales from May 1999 and December 2015 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 May 1999 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2015 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 8 MELIOT RISE be worth now?

8 MELIOT RISE might now be worth an estimated £445,278.

This is based on house price inflation of 37%, between December 2015 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 37% inflationary increase is applied to the most recent sale price for 8 MELIOT RISE of £325,000 on 18th December 2015. For the value to have increased from £325,000 to £445,278 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 MELIOT RISE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The December 2015 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MELIOT RISE has not materially changed since December 2015.

How Large is 8 MELIOT RISE?

8 MELIOT RISE is 131m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 30% 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 8 MELIOT RISE lies on this distribution: 71% of detached houses houses are smaller than 8 MELIOT RISE, and 28% of houses are larger. Note that EPC data is not available for all properties in Andover.

8 MELIOT RISE: Plot and Title Map

8 MELIOT RISE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 8 MELIOT RISE, 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 8 MELIOT RISE). 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 8 MELIOT RISE?

8 MELIOT RISE is located in ANDOVER, in the SP10 postcode district. The below map shows the position of No. 8 on MELIOT RISE.