8, THE MEAD, HYTHE, SOUTHAMPTON, SO45 5AX - £275,000

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.

8 THE MEAD is a very small detached house of 63m², built sometime between 1967 and 1975, which could now be worth an estimated £318,916. It was last sold for £275,000 in September 2019, which was around 45% below the average September 2019 detached price in the New Forest local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

8 THE MEAD Sold Prices

Land registry data shows four sales for 8 THE MEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the four 8 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
2019 12 SEP	£275,000	£502,244	45% below HPI
2012 23 MAR	£205,750	£366,932	44% below HPI
2005 15 APR	£205,000	£322,383	36% below HPI
1997 28 APR	£68,500	£117,355	42% below HPI

8 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 four 8 THE MEAD sales between April 1997 and September 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 March 2012 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the September 2019 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 8 THE MEAD be worth now?

8 THE MEAD might now be worth an estimated £318,916.

This is based on house price inflation of 16%, between September 2019 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 16% inflationary increase is applied to the most recent sale price for 8 THE MEAD of £275,000 on 12th September 2019. For the value to have increased from £275,000 to £318,916 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 THE MEAD has moved in line with the HPI for detached houses in the New Forest local authority area.
• The September 2019 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE MEAD has not materially changed since September 2019.

How Large is 8 THE MEAD?

8 THE MEAD is 63m² according to the EPC inspection conducted in January 2011. 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 8 THE MEAD lies on this distribution: 8% of detached houses houses are smaller than 8 THE MEAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Hythe.

8 THE MEAD: Plot and Title Map

8 THE MEAD sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 8 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 8 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 8 THE MEAD?

8 THE MEAD is located in HYTHE, in the SO45 postcode district. The below map shows the position of No. 8 on THE MEAD.