6, THE MEAD, HYTHE, SOUTHAMPTON, SO45 5AX - £350,000

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

6 THE MEAD is a very small detached house of 63m², built sometime between 1967 and 1975. It was last sold for £350,000 in March 2024, which was around 37% below the average March 2024 detached price in the New Forest local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

6 THE MEAD Sold Prices

Land registry data shows three sales for 6 THE MEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three 6 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
2024 26 MAR	£350,000	£553,781	37% below HPI
2020 17 JUL	£267,500	£476,136	44% below HPI
1998 25 SEP	£89,000	£136,998	35% below HPI

6 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 three 6 THE MEAD sales between September 1998 and March 2024 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 2020 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the March 2024 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 6 THE MEAD?

6 THE MEAD is 63m² according to the EPC inspection conducted in September 2019. 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 6 THE MEAD lies on this distribution: 9% of detached houses are smaller than 6 THE MEAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Hythe.

6 THE MEAD: Plot and Title Map

6 THE MEAD sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 6 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 6 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 6 THE MEAD?

6 THE MEAD is located in HYTHE, in the SO45 postcode district. The below map shows the position of No. 6 on THE MEAD.