15, THE VALE, HYTHE, SOUTHAMPTON, SO45 5ET - £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

15 THE VALE is a very small detached house of 44m², built sometime between 1967 and 1975. It was last sold for £230,000 in November 2020, which was around 54% below the average November 2020 detached price in the New Forest local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

15 THE VALE Sold Prices

Land registry data shows two sales for 15 THE VALE 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 15 THE VALE 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 3 NOV	£230,000	£501,287	54% below HPI
2005 3 JUN	£179,950	£301,819	40% below HPI

15 THE VALE 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 15 THE VALE sales from June 2005 and November 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 June 2005 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2020 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 15 THE VALE?

15 THE VALE is 44m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of detached houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses by size in Hythe, and where 15 THE VALE lies on this distribution: Less than 1% of detached houses are smaller than 15 THE VALE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hythe.

15 THE VALE: Plot and Title Map

15 THE VALE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 15 THE VALE, 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 THE VALE). 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 THE VALE?

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