Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 HOME FARM CLOSE is a small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £360,000 in June 2018, which was around 25% below the average June 2018 detached price in the New Forest local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 1 HOME FARM CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three 1 HOME FARM CLOSE 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 |
---|---|---|---|
2018 13 JUN | £360,000 | £479,607 | 25% below HPI |
2007 11 MAY | £241,500 | £337,017 | 28% below HPI |
2006 25 AUG | £176,500 | £316,848 | 44% below HPI |
The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The three 1 HOME FARM CLOSE sales between August 2006 and June 2018 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 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2018 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
1 HOME FARM CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 40% of detached houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses by size in Hythe, and where 1 HOME FARM CLOSE lies on this distribution: 39% of detached houses are smaller than 1 HOME FARM CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Hythe.
1 HOME FARM CLOSE sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 1 HOME FARM CLOSE, 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 1 HOME FARM CLOSE). 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.
1 HOME FARM CLOSE is located in HYTHE, in the SO45 postcode district. The below map shows the position of No. 1 on HOME FARM CLOSE.