GARDEN COTTAGE, CHALKPIT LANE, MONXTON, ANDOVER, SP11 8AR - £475,100

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

GARDEN COTTAGE is a very small detached house of 53m², built sometime between 1996 and 2002, which could now be worth an estimated £764,147. It was last sold for £475,100 in September 2012, which was around 25% above the average September 2012 detached price in the Test Valley local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

GARDEN COTTAGE Sold Prices

Land registry data shows two sales for GARDEN COTTAGE 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 GARDEN COTTAGE sales were for above 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
2012 19 SEP	£475,100	£379,552	25% above HPI
2004 3 SEP	£400,000	£313,546	28% above HPI

GARDEN COTTAGE 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 GARDEN COTTAGE sales from September 2004 and September 2012 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 September 2004 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the September 2012 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might GARDEN COTTAGE be worth now?

GARDEN COTTAGE might now be worth an estimated £764,147.

This is based on house price inflation of 60.8%, between September 2012 and December 2024, 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 60.8% inflationary increase is applied to the most recent sale price for GARDEN COTTAGE of £475,100 on 19th September 2012. For the value to have increased from £475,100 to £764,147 over the eleven years and nine months to December 2024, the following assumptions must hold true:

• The value of GARDEN COTTAGE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The September 2012 sale price of £475,100 represented a fair market value for the property.
• The size, condition, and specification of GARDEN COTTAGE has not materially changed since September 2012.

How Large is GARDEN COTTAGE?

GARDEN COTTAGE is 53m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses houses in Monxton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Monxton, and where GARDEN COTTAGE lies on this distribution: Less than 1% of detached houses houses are smaller than GARDEN COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Monxton.

GARDEN COTTAGE: Plot and Title Map

GARDEN COTTAGE sits on a plot of roughly 0.249 of an acre, or 1,006m². The below map shows the location of GARDEN COTTAGE, 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 GARDEN COTTAGE). 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 GARDEN COTTAGE?

GARDEN COTTAGE is located on CHALKPIT LANE in MONXTON, in the SP11 postcode district. The below map shows the position of GARDEN COTTAGE on CHALKPIT LANE.