5, THE MEAD, HYTHE, SOUTHAMPTON, SO45 5AX - £279,700

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

5 THE MEAD is a very small detached house of 62m², built sometime between 1950 and 1966. It was last sold for £279,700 in July 2020, which was around 41% below the average July 2020 detached price in the New Forest local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

5 THE MEAD Sold Prices

Land registry data shows two sales for 5 THE MEAD 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 5 THE MEAD 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 15 JUL	£279,700	£476,136	41% below HPI
2018 26 JUN	£257,500	£479,607	46% below HPI

5 THE MEAD 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 5 THE MEAD sales from June 2018 and July 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 June 2018 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the July 2020 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 5 THE MEAD?

5 THE MEAD is 62m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of detached houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses by size in Hythe, and where 5 THE MEAD lies on this distribution: 7% of detached houses are smaller than 5 THE MEAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Hythe.

5 THE MEAD: Plot and Title Map

5 THE MEAD sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 5 THE MEAD, 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 5 THE MEAD). 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 5 THE MEAD?

5 THE MEAD is located in HYTHE, in the SO45 postcode district. The below map shows the position of No. 5 on THE MEAD.