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

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

8 THE MEAD is a very small detached house of 63m², built sometime between 1967 and 1975. It was last sold for £275,000 in September 2019, which was around 42% 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	£475,500	42% below HPI
2012 23 MAR	£205,750	£347,394	41% below HPI
2005 15 APR	£205,000	£305,216	33% below HPI
1997 28 APR	£68,500	£111,106	38% 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 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2019 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

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 in Hythe, based on EPC data. The below chart shows the distribution of detached houses by size in Hythe, and where 8 THE MEAD lies on this distribution: 8% of detached 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.