3, CORMORANT DRIVE, HYTHE, SOUTHAMPTON, SO45 3GG - £209,000

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

3 CORMORANT DRIVE is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £209,000 in November 2014, which was around 46% below the average November 2014 detached price in the New Forest local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was B.

3 CORMORANT DRIVE Sold Prices

Land registry data shows two sales for 3 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 3 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
2014 28 NOV	£209,000	£387,639	46% below HPI
2013 12 APR	£167,000	£350,831	52% below HPI

3 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 3 CORMORANT DRIVE sales from April 2013 and November 2014 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 April 2013 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the November 2014 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 3 CORMORANT DRIVE?

3 CORMORANT DRIVE is 65m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of detached houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses by size in Hythe, and where 3 CORMORANT DRIVE lies on this distribution: 10% of detached houses are smaller than 3 CORMORANT DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Hythe.

3 CORMORANT DRIVE: Plot and Title Map

3 CORMORANT DRIVE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 3 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 3 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 3 CORMORANT DRIVE?

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