18, CORMORANT DRIVE, HYTHE, SOUTHAMPTON, SO45 3GG - £205,000

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.

18 CORMORANT DRIVE is a very small detached house of 63m², built sometime between 1967 and 1975, which could now be worth an estimated £331,289. It was last sold for £205,000 in February 2011, which was around 43% below the average February 2011 detached price in the New Forest local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

18 CORMORANT DRIVE Sold Prices

Land registry data shows two sales for 18 CORMORANT DRIVE 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 18 CORMORANT DRIVE 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
2011 4 FEB	£205,000	£360,417	43% below HPI
1999 15 JAN	£88,500	£148,798	41% below HPI

18 CORMORANT DRIVE 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 18 CORMORANT DRIVE sales from January 1999 and February 2011 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 1999 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2011 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 18 CORMORANT DRIVE be worth now?

18 CORMORANT DRIVE might now be worth an estimated £331,289.

This is based on house price inflation of 61.6%, between February 2011 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 61.6% inflationary increase is applied to the most recent sale price for 18 CORMORANT DRIVE of £205,000 on 4th February 2011. For the value to have increased from £205,000 to £331,289 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of 18 CORMORANT DRIVE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The February 2011 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CORMORANT DRIVE has not materially changed since February 2011.

How Large is 18 CORMORANT DRIVE?

18 CORMORANT DRIVE is 63m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% 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 18 CORMORANT DRIVE lies on this distribution: 8% of detached houses houses are smaller than 18 CORMORANT DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Hythe.

18 CORMORANT DRIVE: Plot and Title Map

18 CORMORANT DRIVE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 18 CORMORANT DRIVE, 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 18 CORMORANT DRIVE). 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 18 CORMORANT DRIVE?

18 CORMORANT DRIVE is located in HYTHE, in the SO45 postcode district. The below map shows the position of No. 18 on CORMORANT DRIVE.