This paper presents an effective and reliable evaluation method for fracture strength and material degradation of the micro-structure of high temperature service steel weldment using advanced small punch (ASP) test developed from conventional small punch (CSP) test. For the purpose of the ASP test, a lower die with a minimized Φ1.5 mm diameter loading ball and an optimized deformation guide hole of Φ3 mm diameter were designed. The behaviors of fracture energy (Esp), ductile-brittle transition temperature (DBTT) and material degradation from the ASP test showed a definite dependency on the micro-structure of weldment. Results obtained from ASP test were compared and reviewed with results from CSP test, Charpy impact test, and hardness test. The utility and reliability of the proposed ASP test were verified by investigating fracture strength, behavior of DBTT, and fracture location of each micro-structure of steel weldment for test specimen in ASP test. It was observed that the fracture toughness in the micro-structure of FL + CGHAZ and ICHAZ decreased remarkably with increasing aging time. From studies of all micro-structures, it was observed that FGH AZ microstructure has the most excellent fracture toughness, and it showed absence of material degradation.