15, MICHAELS WAY, HYTHE, SOUTHAMPTON, SO45 5ES - £208,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 MICHAELS WAY is a very small semi-detached house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £247,085. It was last sold for £208,000 in August 2019, which was around 34% below the average August 2019 semi-detached price in the New Forest local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

15 MICHAELS WAY Sold Prices

Land registry data shows seven sales for 15 MICHAELS WAY since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average semi-detached price in the New Forest local authority area for the corresponding sale date. All of the seven 15 MICHAELS WAY 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
2019 23 AUG	£208,000	£312,813	34% below HPI
2019 27 JUN	£180,000	£311,343	42% below HPI
2018 5 NOV	£209,000	£316,954	34% below HPI
2017 26 MAY	£195,000	£299,950	35% below HPI
2000 27 JUN	£72,500	£108,175	33% below HPI
1999 12 MAR	£57,950	£87,278	34% below HPI
1996 15 MAR	£45,000	£63,680	29% below HPI

15 MICHAELS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the New Forest local authority area over time, sourced from the HPI. The seven 15 MICHAELS WAY sales between March 1996 and August 2019 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 June 2019 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2019 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 15 MICHAELS WAY be worth now?

15 MICHAELS WAY might now be worth an estimated £247,085.

This is based on house price inflation of 18.8%, between August 2019 and December 2024, for semi-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 18.8% inflationary increase is applied to the most recent sale price for 15 MICHAELS WAY of £208,000 on 23rd August 2019. For the value to have increased from £208,000 to £247,085 over the four years and eight months to December 2024, the following assumptions must hold true:

• The value of 15 MICHAELS WAY has moved in line with the HPI for semi-detached houses in the New Forest local authority area.
• The August 2019 sale price of £208,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MICHAELS WAY has not materially changed since August 2019.

How Large is 15 MICHAELS WAY?

15 MICHAELS WAY is 68m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of semi-detached houses houses in Hythe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hythe, and where 15 MICHAELS WAY lies on this distribution: 12% of semi-detached houses houses are smaller than 15 MICHAELS WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Hythe.

15 MICHAELS WAY: Plot and Title Map

15 MICHAELS WAY sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 15 MICHAELS WAY, 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 15 MICHAELS WAY). 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 15 MICHAELS WAY?

15 MICHAELS WAY is located in HYTHE, in the SO45 postcode district. The below map shows the position of No. 15 on MICHAELS WAY.