3, BUTTERCUP CLOSE, HYTHE, SOUTHAMPTON, SO45 3NT - £310,000

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.

3 BUTTERCUP CLOSE is a large extended detached house of 126m², built sometime between 1996 and 2002, which could now be worth an estimated £407,107. It was last sold for £310,000 in October 2015, which was around 30% below the average October 2015 detached price in the New Forest local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

3 BUTTERCUP CLOSE Sold Prices

Land registry data shows three sales for 3 BUTTERCUP CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three 3 BUTTERCUP CLOSE 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
2015 23 OCT	£310,000	£443,519	30% below HPI
2012 11 DEC	£249,950	£365,797	32% below HPI
1996 21 OCT	£88,950	£111,143	20% below HPI

3 BUTTERCUP CLOSE 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 three 3 BUTTERCUP CLOSE sales between October 1996 and October 2015 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 December 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2015 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 3 BUTTERCUP CLOSE be worth now?

3 BUTTERCUP CLOSE might now be worth an estimated £407,107.

This is based on house price inflation of 31.3%, between October 2015 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 31.3% inflationary increase is applied to the most recent sale price for 3 BUTTERCUP CLOSE of £310,000 on 23rd October 2015. For the value to have increased from £310,000 to £407,107 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 BUTTERCUP CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The October 2015 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BUTTERCUP CLOSE has not materially changed since October 2015.

How Large is 3 BUTTERCUP CLOSE?

3 BUTTERCUP CLOSE is 126m², which includes two extensions, according to the EPC inspection conducted in May 2012. This puts it in the largest 30% 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 3 BUTTERCUP CLOSE lies on this distribution: 77% of detached houses houses are smaller than 3 BUTTERCUP CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Hythe.

3 BUTTERCUP CLOSE: Plot and Title Map

3 BUTTERCUP CLOSE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 3 BUTTERCUP CLOSE, 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 3 BUTTERCUP CLOSE). 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 3 BUTTERCUP CLOSE?

3 BUTTERCUP CLOSE is located in HYTHE, in the SO45 postcode district. The below map shows the position of No. 3 on BUTTERCUP CLOSE.