FURROWS, CHAPEL LANE, GRATELEY, ANDOVER, SP11 8JP - £490,000

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

FURROWS is a large extended detached house of 149m², built sometime between 1950 and 1966. It was last sold for £490,000 in March 2021, which was around 7% below the average March 2021 detached price in the Test Valley local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

FURROWS Sold Prices

Land registry data shows two sales for FURROWS 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 FURROWS 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
2021 15 MAR	£490,000	£524,237	7% below HPI
2006 13 FEB	£230,000	£319,230	28% below HPI

FURROWS 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 FURROWS sales from February 2006 and March 2021 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 February 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is FURROWS?

FURROWS is 149m², which includes two extensions, according to the EPC inspection conducted in February 2013. This puts it in the largest 40% of detached houses in Grateley, based on EPC data. The below chart shows the distribution of detached houses by size in Grateley, and where FURROWS lies on this distribution: 61% of detached houses are smaller than FURROWS, and 39% of houses are larger. Note that EPC data is not available for all properties in Grateley.

FURROWS: Plot and Title Map

FURROWS sits on a plot of roughly 0.242 of an acre, or 980m². The below map shows the location of FURROWS, 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 FURROWS). 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 FURROWS?

FURROWS is located on CHAPEL LANE in GRATELEY, in the SP11 postcode district. The below map shows the position of FURROWS on CHAPEL LANE.