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
2 PINEWOOD DRIVE is a small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £304,500 in June 2024, which was around 46% below the average June 2024 detached price in the New Forest local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 2 PINEWOOD DRIVE since 1st 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 2 PINEWOOD 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 |
---|---|---|---|
2024 13 JUN | £304,500 | £564,825 | 46% below HPI |
1995 12 JAN | £60,000 | £102,163 | 41% below HPI |
The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The two 2 PINEWOOD DRIVE sales from January 1995 and June 2024 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 1995 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2024 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.
2 PINEWOOD DRIVE is 75m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 30% of detached houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses by size in Hythe, and where 2 PINEWOOD DRIVE lies on this distribution: 25% of detached houses are smaller than 2 PINEWOOD DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Hythe.
2 PINEWOOD DRIVE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 2 PINEWOOD 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 2 PINEWOOD 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.
2 PINEWOOD DRIVE is located in HYTHE, in the SO45 postcode district. The below map shows the position of No. 2 on PINEWOOD DRIVE.