MURRAY COTTAGE, HIGH STREET, MONXTON, ANDOVER, SP11 8AW - £480,000

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.

MURRAY COTTAGE is a large extended detached house of 181m², built sometime before 1900, which could now be worth an estimated £587,669. It was last sold for £480,000 in September 2019, which was around 5% below the average September 2019 detached price in the Test Valley local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

MURRAY COTTAGE Sold Prices

Land registry data shows three sales for MURRAY COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. One of the three MURRAY COTTAGE sales was for below the average price, whilst two 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 27 SEP	£480,000	£507,613	5% below HPI
2004 22 NOV	£380,000	£323,392	18% above HPI
1998 9 JAN	£170,000	£140,710	21% above HPI

MURRAY 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 three MURRAY COTTAGE sales between January 1998 and September 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 2004 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the September 2019 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might MURRAY COTTAGE be worth now?

MURRAY COTTAGE might now be worth an estimated £587,669.

This is based on house price inflation of 22.4%, between September 2019 and March 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 22.4% inflationary increase is applied to the most recent sale price for MURRAY COTTAGE of £480,000 on 27th September 2019. For the value to have increased from £480,000 to £587,669 over the six years and six months to March 2025, the following assumptions must hold true:

• The value of MURRAY COTTAGE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The September 2019 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of MURRAY COTTAGE has not materially changed since September 2019.

How Large is MURRAY COTTAGE?

MURRAY COTTAGE is 181m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 40% 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 MURRAY COTTAGE lies on this distribution: 65% of detached houses houses are smaller than MURRAY COTTAGE, and 35% of houses are larger. Note that EPC data is not available for all properties in Monxton.

MURRAY COTTAGE: Plot and Title Map

MURRAY COTTAGE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of MURRAY 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 MURRAY 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 MURRAY COTTAGE?

MURRAY COTTAGE is located on HIGH STREET in MONXTON, in the SP11 postcode district. The below map shows the position of MURRAY COTTAGE on HIGH STREET.