28, CORMORANT DRIVE, HYTHE, SOUTHAMPTON, SO45 3GG - £320,000

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

28 CORMORANT DRIVE is a very small detached house of 61m², built sometime between 1950 and 1966. It was last sold for £320,000 in January 2023, which was around 46% below the average January 2023 detached price in the New Forest local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

28 CORMORANT DRIVE Sold Prices

Land registry data shows two sales for 28 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 28 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
2023 20 JAN	£320,000	£593,112	46% below HPI
2002 15 FEB	£116,500	£206,714	44% below HPI

28 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 28 CORMORANT DRIVE sales from February 2002 and January 2023 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 February 2002 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the January 2023 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 28 CORMORANT DRIVE?

28 CORMORANT DRIVE is 61m² according to the EPC inspection conducted in September 2014. 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 28 CORMORANT DRIVE lies on this distribution: 6% of detached houses are smaller than 28 CORMORANT DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Hythe.

28 CORMORANT DRIVE: Plot and Title Map

28 CORMORANT DRIVE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 28 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 28 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 28 CORMORANT DRIVE?

28 CORMORANT DRIVE is located in HYTHE, in the SO45 postcode district. The below map shows the position of No. 28 on CORMORANT DRIVE.