PEAR TREE COTTAGE, STREETWAY ROAD, PALESTINE, ANDOVER, SP11 7EH - £580,000

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.

PEAR TREE COTTAGE is a very small detached house of 105m², built sometime from 2007 onwards, which could now be worth an estimated £1,061,238. It was last sold for £580,000 in August 2009, which was around 72% above the average August 2009 detached price in the Test Valley local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

PEAR TREE COTTAGE Sold Prices

Land registry data shows two sales for PEAR TREE 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. One of the two PEAR TREE COTTAGE sales was for above the average price, whilst the other was 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
2009 5 AUG	£580,000	£337,063	72% above HPI
2006 4 DEC	£240,000	£339,035	29% below HPI

PEAR TREE 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 PEAR TREE COTTAGE sales from December 2006 and August 2009 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 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2009 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

What might PEAR TREE COTTAGE be worth now?

PEAR TREE COTTAGE might now be worth an estimated £1,061,238.

This is based on house price inflation of 83%, between August 2009 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 83% inflationary increase is applied to the most recent sale price for PEAR TREE COTTAGE of £580,000 on 5th August 2009. For the value to have increased from £580,000 to £1,061,238 over the sixteen years and six months to February 2025, the following assumptions must hold true:

• The value of PEAR TREE COTTAGE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The August 2009 sale price of £580,000 represented a fair market value for the property.
• The size, condition, and specification of PEAR TREE COTTAGE has not materially changed since August 2009.

How Large is PEAR TREE COTTAGE?

PEAR TREE COTTAGE is 105m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of detached houses houses in Palestine, based on EPC data. The below chart shows the distribution of detached houses houses by size in Palestine, and where PEAR TREE COTTAGE lies on this distribution: 17% of detached houses houses are smaller than PEAR TREE COTTAGE, and 83% of houses are larger. Note that EPC data is not available for all properties in Palestine.

PEAR TREE COTTAGE: Plot and Title Map

PEAR TREE COTTAGE sits on a plot of roughly 0.359 of an acre, or 1,453m². The below map shows the location of PEAR TREE 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 PEAR TREE 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 PEAR TREE COTTAGE?

PEAR TREE COTTAGE is located on STREETWAY ROAD in PALESTINE, in the SP11 postcode district. The below map shows the position of PEAR TREE COTTAGE on STREETWAY ROAD.