PEFKOS, MARCHANT ROAD, ANDOVER, SP10 3QB - £299,950

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

PEFKOS is a very small detached house of 81m², built sometime between 1976 and 1982, which could now be worth an estimated £406,130. It was last sold for £299,950 in July 2016, which was around 33% below the average July 2016 detached price in the Test Valley local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

PEFKOS Sold Prices

Land registry data shows three sales for PEFKOS 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. All of the three PEFKOS 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
2016 6 JUL	£299,950	£450,865	33% below HPI
2008 2 JUL	£230,000	£361,039	36% below HPI
1998 10 JUL	£91,000	£148,783	39% below HPI

PEFKOS 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 PEFKOS sales between July 1998 and July 2016 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 July 2008 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2016 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might PEFKOS be worth now?

PEFKOS might now be worth an estimated £406,130.

This is based on house price inflation of 35.4%, between July 2016 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 35.4% inflationary increase is applied to the most recent sale price for PEFKOS of £299,950 on 6th July 2016. For the value to have increased from £299,950 to £406,130 over the seven years and seven months to December 2024, the following assumptions must hold true:

• The value of PEFKOS has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The July 2016 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of PEFKOS has not materially changed since July 2016.

How Large is PEFKOS?

PEFKOS is 81m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of detached houses houses in Andover, based on EPC data. The below chart shows the distribution of detached houses houses by size in Andover, and where PEFKOS lies on this distribution: 10% of detached houses houses are smaller than PEFKOS, and 90% of houses are larger. Note that EPC data is not available for all properties in Andover.

PEFKOS: Plot and Title Map

PEFKOS sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of PEFKOS, 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 PEFKOS). 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 PEFKOS?

PEFKOS is located on MARCHANT ROAD in ANDOVER, in the SP10 postcode district. The below map shows the position of PEFKOS on MARCHANT ROAD.