12, MERRIVALE CLOSE, HYTHE, SOUTHAMPTON, SO45 5XA - £360,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 MERRIVALE CLOSE is a midsized detached house of 102m², built sometime between 1976 and 1982. It was last sold for £360,000 in July 2020, which was around 24% below the average July 2020 detached price in the New Forest local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

12 MERRIVALE CLOSE Sold Prices

Land registry data shows two sales for 12 MERRIVALE 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 12 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
2020 22 JUL	£360,000	£476,136	24% below HPI
2019 31 OCT	£335,250	£477,067	30% below HPI

12 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 two 12 MERRIVALE CLOSE sales from October 2019 and July 2020 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 October 2019 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2020 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 12 MERRIVALE CLOSE?

12 MERRIVALE CLOSE is 102m² according to the EPC inspection conducted in October 2019. This puts it in the largest 50% of detached houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses by size in Hythe, and where 12 MERRIVALE CLOSE lies on this distribution: 53% of detached houses are smaller than 12 MERRIVALE CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Hythe.

12 MERRIVALE CLOSE: Plot and Title Map

12 MERRIVALE CLOSE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 12 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 12 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 12 MERRIVALE CLOSE?

12 MERRIVALE CLOSE is located in HYTHE, in the SO45 postcode district. The below map shows the position of No. 12 on MERRIVALE CLOSE.