BROADLEYS, STATION ROAD, GRATELEY, ANDOVER, SP11 8LG - £535,000

BROADLEYS is a very small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £535,000 in August 2021, which was around 2% below the average August 2021 detached price in the Test Valley local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was C.

BROADLEYS Sold Prices

Land registry data shows two sales for BROADLEYS 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 BROADLEYS 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
2021 13 AUG	£535,000	£543,521	2% below HPI
2019 18 OCT	£315,000	£521,447	40% below HPI

BROADLEYS 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 BROADLEYS sales from October 2019 and August 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 October 2019 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is BROADLEYS?

BROADLEYS is 84m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses in Palestine, based on EPC data. The below chart shows the distribution of detached houses by size in Palestine, and where BROADLEYS lies on this distribution: 7% of detached houses are smaller than BROADLEYS, and 93% of houses are larger. Note that EPC data is not available for all properties in Palestine.

BROADLEYS: Plot and Title Map

BROADLEYS sits on a plot of roughly 0.248 of an acre, or 1,002m². The below map shows the location of BROADLEYS, 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 BROADLEYS). 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 BROADLEYS?

BROADLEYS is located on STATION ROAD in GRATELEY, in the SP11 postcode district. The below map shows the position of BROADLEYS on STATION ROAD.