7, MERRIVALE CLOSE, HYTHE, SOUTHAMPTON, SO45 5XA - £370,000

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 MERRIVALE CLOSE is a midsized detached house of 104m², built sometime between 1983 and 1990, which could now be worth an estimated £468,506. It was last sold for £370,000 in May 2016, which was around 20% below the average May 2016 detached price in the New Forest local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

7 MERRIVALE CLOSE Sold Prices

Land registry data shows two sales for 7 MERRIVALE 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 7 MERRIVALE 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
2016 12 MAY	£370,000	£459,987	20% below HPI
2009 15 JUL	£250,000	£327,450	24% below HPI

7 MERRIVALE 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 7 MERRIVALE CLOSE sales from July 2009 and May 2016 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 2009 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2016 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 7 MERRIVALE CLOSE be worth now?

7 MERRIVALE CLOSE might now be worth an estimated £468,506.

This is based on house price inflation of 26.6%, between May 2016 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 26.6% inflationary increase is applied to the most recent sale price for 7 MERRIVALE CLOSE of £370,000 on 12th May 2016. For the value to have increased from £370,000 to £468,506 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 7 MERRIVALE CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The May 2016 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MERRIVALE CLOSE has not materially changed since May 2016.

How Large is 7 MERRIVALE CLOSE?

7 MERRIVALE CLOSE is 104m² according to the EPC inspection conducted in March 2009. This puts it in the largest 50% 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 7 MERRIVALE CLOSE lies on this distribution: 57% of detached houses houses are smaller than 7 MERRIVALE CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Hythe.

7 MERRIVALE CLOSE: Plot and Title Map

7 MERRIVALE CLOSE sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of 7 MERRIVALE 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 MERRIVALE 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 MERRIVALE CLOSE?

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