TROODOS, ANNA VALLEY, ANDOVER, SP11 7LX - £515,000

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.

TROODOS is a very small detached house of 87m², built sometime between 1930 and 1949, which could now be worth an estimated £616,254. It was last sold for £515,000 in February 2020, which was about the average February 2020 detached price in the Test Valley local authority area. The most recent EPC inspection was November 2012, where the current energy rating was E, and the potential energy rating was C.

TROODOS Sold Prices

Land registry data shows two sales for TROODOS 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 TROODOS sales was roughly equal to 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
2020 21 FEB	£515,000	£515,399	Close to HPI
2013 19 JUL	£241,000	£360,522	33% below HPI

TROODOS 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 TROODOS sales from July 2013 and February 2020 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 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might TROODOS be worth now?

TROODOS might now be worth an estimated £616,254.

This is based on house price inflation of 19.7%, between February 2020 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 19.7% inflationary increase is applied to the most recent sale price for TROODOS of £515,000 on 21st February 2020. For the value to have increased from £515,000 to £616,254 over the five years to February 2025, the following assumptions must hold true:

• The value of TROODOS has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The February 2020 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of TROODOS has not materially changed since February 2020.

How Large is TROODOS?

TROODOS is 87m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% of detached houses houses in Anna Valley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Anna Valley, and where TROODOS lies on this distribution: 5% of detached houses houses are smaller than TROODOS, and 95% of houses are larger. Note that EPC data is not available for all properties in Anna Valley.

TROODOS: Plot and Title Map

TROODOS sits on a plot of roughly 0.186 of an acre, or 754m². The below map shows the location of TROODOS, 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 TROODOS). 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 TROODOS?

TROODOS is located in ANNA VALLEY, in the SP11 postcode district. The below map shows the position of TROODOS in ANNA VALLEY.