Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
8A MEAD HEDGES is a large detached house of 125m², built in 2022. It was last sold for £525,000 in August 2022, which was around 16% below the average August 2022 detached price in the Test Valley local authority area. The most recent EPC inspection was March 2022, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 8A MEAD HEDGES since 1st 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 8A MEAD HEDGES 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 26 AUG | £525,000 | £627,499 | 16% below HPI |
2020 22 DEC | £320,000 | £537,642 | 40% below HPI |
The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The two 8A MEAD HEDGES sales from December 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 December 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 rises to 16% below the HPI. The line then continues to track at 16% below the HPI.
8A MEAD HEDGES is 125m² according to the EPC inspection conducted in March 2022. This puts it in the largest 40% of detached houses in Andover, based on EPC data. The below chart shows the distribution of detached houses by size in Andover, and where 8A MEAD HEDGES lies on this distribution: 66% of detached houses are smaller than 8A MEAD HEDGES, and 33% of houses are larger. Note that EPC data is not available for all properties in Andover.
8A MEAD HEDGES sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 8A MEAD HEDGES, 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 8A MEAD HEDGES). 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.
8A MEAD HEDGES is located in ANDOVER, in the SP10 postcode district. The below map shows the position of No. 8A on MEAD HEDGES.