According to the public record, 1, Mill Lane, Andover is a modern freehold house with 818 ft2 of internal area and sits on a 91.7 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mill Lane, Wherwell, Andover, SP11 is located in the borough of Test Valley within the SP11 postal district.
1, Mill Lane, Andover has 2 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated March 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Mill Lane Andover as £471,873 and the rental value as £1,540 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 1 Mill Lane Andover has increased by £9,167 (1.9%) and its rental value has increased by £81 per month (5.3%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Mill Lane, Andover is in very good condition we estimate a sale value of £495,467 and rental value of £1,616 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £438,842 and a rental value of £1,432 per month.
If you were able to purchase this property for the estimated value of £471,873, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,319 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Mill Lane, Andover sits on a plot of 92m2.
We have plot size data on 4 out of 4 other houses in the postcode and 1, Mill Lane, Andover sits on the 4th largest plot.
According to HM Land Registry, 1, Mill Lane, Andover was last sold on 27 Oct 2022 for £445,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2022, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Mill Lane, Andover within a radius of 4.3 kilometres over the last 2 years.
The most recent example is 32, High Street, Andover, SP11 7JG, a Freehold house which sold for £467,500 in Dec 2020.
Read more about house prices in SP11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 4.3 kilometres radius of 1, Mill Lane, Andover over the last 2 years.
Most recently 171, Old Winton Road, Andover, SP10 2DR, a Freehold house let by Ashwells Estate agents in Mar 2024.
Mill Lane, Wherwell, Andover, SP11 has a total of 4 addresses. According to our analysis of all the public data, 1, Mill Lane, Andover is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £52k more expensive than the average property in SP11.
1, Mill Lane, Andover has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Mar 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Mill Lane, Andover is Andover station which is 6.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Mill Lane, Andover, 30.7% of property is privately owned with a mortgage and 25.7% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Mill Lane, Andover, 15.4% of residents are recorded as possessing school level qualifications and 38.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Mill Lane, Andover, the average age was 46.8 and the most common age was 62.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Mill Lane, Andover, 0.9% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Mill Lane, Andover, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.