MELMOOR, HIGH STREET, GRATELEY, ANDOVER, SP11 8JT - £550,000

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.

MELMOOR is a large detached house of 197m², built sometime between 1983 and 1990, which could now be worth an estimated £659,717. It was last sold for £550,000 in November 2019, which was around 7% above the average November 2019 detached price in the Test Valley local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

MELMOOR Sold Prices

Land registry data shows two sales for MELMOOR 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 MELMOOR 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
2019 29 NOV	£550,000	£514,163	7% above HPI
2001 9 NOV	£318,000	£238,039	34% above HPI

MELMOOR 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 MELMOOR sales from November 2001 and November 2019 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 November 2001 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the November 2019 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might MELMOOR be worth now?

MELMOOR might now be worth an estimated £659,717.

This is based on house price inflation of 19.9%, between November 2019 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 19.9% inflationary increase is applied to the most recent sale price for MELMOOR of £550,000 on 29th November 2019. For the value to have increased from £550,000 to £659,717 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of MELMOOR has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The November 2019 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of MELMOOR has not materially changed since November 2019.

How Large is MELMOOR?

MELMOOR is 197m² according to the EPC inspection conducted in March 2019. This puts it in the largest 30% of detached houses houses in Grateley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grateley, and where MELMOOR lies on this distribution: 71% of detached houses houses are smaller than MELMOOR, and 29% of houses are larger. Note that EPC data is not available for all properties in Grateley.

MELMOOR: Plot and Title Map

MELMOOR sits on a plot of roughly 0.298 of an acre, or 1,205m². The below map shows the location of MELMOOR, 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 MELMOOR). 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 MELMOOR?

MELMOOR is located on HIGH STREET in GRATELEY, in the SP11 postcode district. The below map shows the position of MELMOOR on HIGH STREET.