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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 CORMORANT DRIVE is a very small detached house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £297,433. It was last sold for £209,000 in November 2014, which was around 49% 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	£409,441	49% below HPI
2013 12 APR	£167,000	£370,563	55% 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 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the November 2014 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 3 CORMORANT DRIVE be worth now?

3 CORMORANT DRIVE might now be worth an estimated £297,433.

This is based on house price inflation of 42.3%, between November 2014 and December 2024, 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 42.3% inflationary increase is applied to the most recent sale price for 3 CORMORANT DRIVE of £209,000 on 28th November 2014. For the value to have increased from £209,000 to £297,433 over the nine years and eleven months to December 2024, the following assumptions must hold true:

• The value of 3 CORMORANT DRIVE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The November 2014 sale price of £209,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CORMORANT DRIVE has not materially changed since November 2014.

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 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 3 CORMORANT DRIVE lies on this distribution: 10% of detached houses 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.