1, TERN CLOSE, HYTHE, SOUTHAMPTON, SO45 3GE - £230,000

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 TERN CLOSE is a small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £230,000 in July 2004, which was around 22% below the average July 2004 detached price in the New Forest local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

1 TERN CLOSE Sold Prices

Land registry data shows two sales for 1 TERN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Both of the two 1 TERN 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
2004 28 JUL	£230,000	£293,244	22% below HPI
1996 31 MAY	£74,000	£101,484	27% below HPI

1 TERN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The two 1 TERN CLOSE sales from May 1996 and July 2004 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 1996 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2004 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 1 TERN CLOSE?

1 TERN CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in February 2023. 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 TERN CLOSE lies on this distribution: 36% of detached houses are smaller than 1 TERN CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Hythe.

1 TERN CLOSE: Plot and Title Map

1 TERN CLOSE sits on a plot of roughly 0.185 of an acre, or 747m². The below map shows the location of 1 TERN 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 TERN 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.

Where is 1 TERN CLOSE?

1 TERN CLOSE is located in HYTHE, in the SO45 postcode district. The below map shows the position of No. 1 on TERN CLOSE.