116, SPRINGFIELD CLOSE, ANDOVER, SP10 2QT - £270,000

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.

116 SPRINGFIELD CLOSE is a very small terraced house of 87m², built sometime between 1976 and 1982, which could now be worth an estimated £264,648. It was last sold for £270,000 in December 2022, which was around 8% below the average December 2022 terraced price in the Test Valley local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

116 SPRINGFIELD CLOSE Sold Prices

Land registry data shows five sales for 116 SPRINGFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Test Valley local authority area for the corresponding sale date. Most of the five 116 SPRINGFIELD CLOSE 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
2022 16 DEC	£270,000	£293,102	8% below HPI
2011 21 NOV	£165,000	£164,096	1% above HPI
2006 26 SEP	£82,000	£163,471	50% below HPI
2001 26 OCT	£65,000	£95,747	32% below HPI
1996 15 MAR	£58,000	£50,103	16% above HPI

116 SPRINGFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Test Valley local authority area over time, sourced from the HPI. The five 116 SPRINGFIELD CLOSE sales between March 1996 and December 2022 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 2011 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 116 SPRINGFIELD CLOSE be worth now?

116 SPRINGFIELD CLOSE might now be worth an estimated £264,648.

This is based on house price deflation of 2%, between December 2022 and April 2026, for terraced 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 2% deflationary decrease is applied to the most recent sale price for 116 SPRINGFIELD CLOSE of £270,000 on 16th December 2022. For the value to have decreased from £270,000 to £264,648 over the four years and eight months to April 2026, the following assumptions must hold true:

• The value of 116 SPRINGFIELD CLOSE has moved in line with the HPI for terraced houses in the Test Valley local authority area.
• The December 2022 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 116 SPRINGFIELD CLOSE has not materially changed since December 2022.

How Large is 116 SPRINGFIELD CLOSE?

116 SPRINGFIELD CLOSE is 87m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% of terraced houses houses in Andover, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Andover, and where 116 SPRINGFIELD CLOSE lies on this distribution: 16% of terraced houses houses are smaller than 116 SPRINGFIELD CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Andover.

116 SPRINGFIELD CLOSE: Plot and Title Map

116 SPRINGFIELD CLOSE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 116 SPRINGFIELD CLOSE, 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 116 SPRINGFIELD CLOSE). 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 116 SPRINGFIELD CLOSE?

116 SPRINGFIELD CLOSE is located in ANDOVER, in the SP10 postcode district. The below map shows the position of No. 116 on SPRINGFIELD CLOSE.