SPRINGS, MEAD HEDGES, ANDOVER, SP10 2LS - £386,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SPRINGS is a large detached house of 130m², built sometime between 1950 and 1966. It was last sold for £386,000 in April 2014, which was around 1% above the average April 2014 detached price in the Test Valley local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was E.

SPRINGS Sold Prices

Land registry data shows two sales for SPRINGS 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 SPRINGS 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
2014 25 APR	£386,000	£381,534	1% above HPI
2007 24 AUG	£375,000	£369,865	1% above HPI

SPRINGS 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 SPRINGS sales from August 2007 and April 2014 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 August 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2014 sale, which was also at 1% above the HPI.

How Large is SPRINGS?

SPRINGS is 130m² according to the EPC inspection conducted in August 2010. This puts it in the largest 30% of detached houses in Andover, based on EPC data. The below chart shows the distribution of detached houses by size in Andover, and where SPRINGS lies on this distribution: 70% of detached houses are smaller than SPRINGS, and 30% of houses are larger. Note that EPC data is not available for all properties in Andover.

SPRINGS: Plot and Title Map

SPRINGS sits on a plot of roughly 0.253 of an acre, or 1,023m². The below map shows the location of SPRINGS, 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 SPRINGS). 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 SPRINGS?

SPRINGS is located on MEAD HEDGES in ANDOVER, in the SP10 postcode district. The below map shows the position of SPRINGS on MEAD HEDGES.