4, BAILEY CLOSE, PICKET PIECE, ANDOVER, SP11 6WF - £212,500

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.

4 BAILEY CLOSE is a very small flat of 61m², built in 2014, which could now be worth an estimated £228,799. It was last sold for £212,500 in August 2018, which was around 33% above the average August 2018 flat price in the Test Valley local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was A.

4 BAILEY CLOSE Sold Prices

Land registry data shows two sales for 4 BAILEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Test Valley local authority area for the corresponding sale date. Both of the two 4 BAILEY CLOSE 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
2018 9 AUG	£212,500	£159,362	33% above HPI
2015 27 FEB	£184,995	£136,438	36% above HPI

What might 4 BAILEY CLOSE be worth now?

4 BAILEY CLOSE might now be worth an estimated £228,799.

This is based on house price inflation of 7.7%, between August 2018 and May 2026, for flats, 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 7.7% inflationary increase is applied to the most recent sale price for 4 BAILEY CLOSE of £212,500 on 9th August 2018. For the value to have increased from £212,500 to £228,799 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 4 BAILEY CLOSE has moved in line with the HPI for flats in the Test Valley local authority area.
• The August 2018 sale price of £212,500 represented a fair market value for the property.
• The size, condition, and specification of 4 BAILEY CLOSE has not materially changed since August 2018.

How Large is 4 BAILEY CLOSE?

4 BAILEY CLOSE is 61m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of flats in Picket Piece, based on EPC data. 13% of flats are smaller than 4 BAILEY CLOSE, and 64% of flats are larger. Note that EPC data is not available for all properties in Picket Piece.

4 BAILEY CLOSE: Plot

4 BAILEY CLOSE sits on a plot of roughly 0.023 of an acre, or 94m².

Where is 4 BAILEY CLOSE?

4 BAILEY CLOSE is located in PICKET PIECE, in the SP11 postcode district.