3, PINEWOOD DRIVE, HYTHE, SOUTHAMPTON, SO45 3HS - £320,000

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

3 PINEWOOD DRIVE is a small detached house of 80m², built sometime between 1950 and 1966. It was last sold for £320,000 in March 2021, which was around 36% below the average March 2021 detached price in the New Forest local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

3 PINEWOOD DRIVE Sold Prices

Land registry data shows two sales for 3 PINEWOOD 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 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
2021 3 MAR	£320,000	£502,106	36% below HPI
2008 11 JUL	£192,000	£339,596	43% below HPI

3 PINEWOOD 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 PINEWOOD DRIVE sales from July 2008 and March 2021 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 July 2008 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 3 PINEWOOD DRIVE?

3 PINEWOOD DRIVE is 80m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% 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 PINEWOOD DRIVE lies on this distribution: 30% of detached houses are smaller than 3 PINEWOOD DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Hythe.

3 PINEWOOD DRIVE: Plot and Title Map

3 PINEWOOD DRIVE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 3 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 3 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.

Where is 3 PINEWOOD DRIVE?

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