11, MERRIVALE CLOSE, HYTHE, SOUTHAMPTON, SO45 5XA - £315,000

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.

11 MERRIVALE CLOSE is a very large detached house of 134m², built sometime between 1976 and 1982, which could now be worth an estimated £453,921. It was last sold for £315,000 in August 2014, which was around 22% below the average August 2014 detached price in the New Forest local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

11 MERRIVALE CLOSE Sold Prices

Land registry data shows three sales for 11 MERRIVALE CLOSE since 1^st 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 11 MERRIVALE 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
2014 15 AUG	£315,000	£404,193	22% below HPI
2008 24 JAN	£119,913	£373,130	68% below HPI
1996 1 NOV	£104,500	£114,648	9% below HPI

11 MERRIVALE 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 three 11 MERRIVALE CLOSE sales between November 1996 and August 2014 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 January 2008 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the August 2014 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 11 MERRIVALE CLOSE be worth now?

11 MERRIVALE CLOSE might now be worth an estimated £453,921.

This is based on house price inflation of 44.1%, between August 2014 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44.1% inflationary increase is applied to the most recent sale price for 11 MERRIVALE CLOSE of £315,000 on 15th August 2014. For the value to have increased from £315,000 to £453,921 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 11 MERRIVALE CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The August 2014 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MERRIVALE CLOSE has not materially changed since August 2014.

How Large is 11 MERRIVALE CLOSE?

11 MERRIVALE CLOSE is 134m² according to the EPC inspection conducted in February 2014. This puts it in the largest 20% of detached houses houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hythe, and where 11 MERRIVALE CLOSE lies on this distribution: 82% of detached houses houses are smaller than 11 MERRIVALE CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Hythe.

11 MERRIVALE CLOSE: Plot and Title Map

11 MERRIVALE CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 11 MERRIVALE 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 11 MERRIVALE 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 11 MERRIVALE CLOSE?

11 MERRIVALE CLOSE is located in HYTHE, in the SO45 postcode district. The below map shows the position of No. 11 on MERRIVALE CLOSE.