7, ELGIN CLOSE, HYTHE, SOUTHAMPTON, SO45 6JG - £295,000

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.

7 ELGIN CLOSE is a small semi-detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £348,241. It was last sold for £295,000 in November 2019, which was around 6% below the average November 2019 semi-detached price in the New Forest local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

7 ELGIN CLOSE Sold Prices

Land registry data shows three sales for 7 ELGIN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the New Forest local authority area for the corresponding sale date. Two of the three 7 ELGIN CLOSE sales were for below the average price, whilst one was for above 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
2019 8 NOV	£295,000	£313,808	6% below HPI
2014 9 JAN	£225,000	£238,492	6% below HPI
2001 22 NOV	£138,000	£128,380	7% above HPI

7 ELGIN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the New Forest local authority area over time, sourced from the HPI. The three 7 ELGIN CLOSE sales between November 2001 and November 2019 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 January 2014 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2019 sale, which was also at 6% below the HPI.

What might 7 ELGIN CLOSE be worth now?

7 ELGIN CLOSE might now be worth an estimated £348,241.

This is based on house price inflation of 18%, between November 2019 and February 2025, for semi-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 18% inflationary increase is applied to the most recent sale price for 7 ELGIN CLOSE of £295,000 on 8th November 2019. For the value to have increased from £295,000 to £348,241 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 ELGIN CLOSE has moved in line with the HPI for semi-detached houses in the New Forest local authority area.
• The November 2019 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ELGIN CLOSE has not materially changed since November 2019.

How Large is 7 ELGIN CLOSE?

7 ELGIN CLOSE is 77m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 30% of semi-detached houses houses in Hythe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hythe, and where 7 ELGIN CLOSE lies on this distribution: 27% of semi-detached houses houses are smaller than 7 ELGIN CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Hythe.

7 ELGIN CLOSE: Plot and Title Map

7 ELGIN CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 7 ELGIN 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 7 ELGIN 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 7 ELGIN CLOSE?

7 ELGIN CLOSE is located in HYTHE, in the SO45 postcode district. The below map shows the position of No. 7 on ELGIN CLOSE.