4, TERN CLOSE, HYTHE, SOUTHAMPTON, SO45 3GE - £230,000

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.

4 TERN CLOSE is a very small detached house of 62m², built sometime between 1967 and 1975, which could now be worth an estimated £255,307. It was last sold for £230,000 in October 2020, which was around 56% below the average October 2020 detached price in the New Forest local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

4 TERN CLOSE Sold Prices

Land registry data shows two sales for 4 TERN CLOSE 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 4 TERN 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
2020 16 OCT	£230,000	£524,716	56% below HPI
2003 28 MAY	£150,000	£293,357	49% below HPI

4 TERN 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 two 4 TERN CLOSE sales from May 2003 and October 2020 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 May 2003 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the October 2020 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

What might 4 TERN CLOSE be worth now?

4 TERN CLOSE might now be worth an estimated £255,307.

This is based on house price inflation of 11%, between October 2020 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 11% inflationary increase is applied to the most recent sale price for 4 TERN CLOSE of £230,000 on 16th October 2020. For the value to have increased from £230,000 to £255,307 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 TERN CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The October 2020 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 4 TERN CLOSE has not materially changed since October 2020.

How Large is 4 TERN CLOSE?

4 TERN CLOSE is 62m² according to the EPC inspection conducted in January 2023. 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 4 TERN CLOSE lies on this distribution: 7% of detached houses houses are smaller than 4 TERN CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Hythe.

4 TERN CLOSE: Plot and Title Map

4 TERN CLOSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 4 TERN 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 4 TERN 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 4 TERN CLOSE?

4 TERN CLOSE is located in HYTHE, in the SO45 postcode district. The below map shows the position of No. 4 on TERN CLOSE.