8, ELM BANK ROAD, ANDOVER, SP10 2BY - £292,500

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.

8 ELM BANK ROAD is a very small extended semi-detached house of 88m², built sometime between 1930 and 1949, which could now be worth an estimated £358,763. It was last sold for £292,500 in March 2021, which was around 4% below the average March 2021 semi-detached price in the Test Valley local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

8 ELM BANK ROAD Sold Prices

Land registry data shows three sales for 8 ELM BANK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Test Valley local authority area for the corresponding sale date. Two of the three 8 ELM BANK ROAD sales were for below the average price, whilst one was 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
2021 31 MAR	£292,500	£305,202	4% below HPI
2005 17 MAY	£205,000	£181,848	13% above HPI
1999 18 FEB	£60,000	£81,815	27% below HPI

8 ELM BANK ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Test Valley local authority area over time, sourced from the HPI. The three 8 ELM BANK ROAD sales between February 1999 and March 2021 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 May 2005 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 8 ELM BANK ROAD be worth now?

8 ELM BANK ROAD might now be worth an estimated £358,763.

This is based on house price inflation of 22.7%, between March 2021 and March 2025, for semi-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 22.7% inflationary increase is applied to the most recent sale price for 8 ELM BANK ROAD of £292,500 on 31st March 2021. For the value to have increased from £292,500 to £358,763 over the four years to March 2025, the following assumptions must hold true:

• The value of 8 ELM BANK ROAD has moved in line with the HPI for semi-detached houses in the Test Valley local authority area.
• The March 2021 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of 8 ELM BANK ROAD has not materially changed since March 2021.

How Large is 8 ELM BANK ROAD?

8 ELM BANK ROAD is 88m², which includes three extensions, according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% of semi-detached houses houses in Andover, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Andover, and where 8 ELM BANK ROAD lies on this distribution: 17% of semi-detached houses houses are smaller than 8 ELM BANK ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Andover.

8 ELM BANK ROAD: Plot and Title Map

8 ELM BANK ROAD sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 8 ELM BANK ROAD, 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 8 ELM BANK ROAD). 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 8 ELM BANK ROAD?

8 ELM BANK ROAD is located in ANDOVER, in the SP10 postcode district. The below map shows the position of No. 8 on ELM BANK ROAD.